2023 CVE to KGS Historical Review

YEARLY HIGH

0.8969 KGS

YEARLY LOW

0.8018 KGS

YEARLY AVERAGE

0.8606 KGS

2023 CVE to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.8969. Conversely, the yearly low was recorded on January 5, dropping to 0.8018.

This high-to-low spread represents a total annual volatility of 0.0951 KGS. From a start-to-finish perspective, comparing the January average rate of 0.8352 to the December average rate of 0.8811, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8969 was down 12.61% compared to the 2022 peak of 1.0263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 4,484 KGS

2022 Average 4,022 KGS

Yearly Trough Low 4,009 KGS

Transaction Impact: A difference of 475.31 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8857

0.8306

JanuMarcMayJulySeptNove

CVE to KGS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.8523, compared to 0.8689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.8523

H2 Avg (Jul–Dec) 0.8689

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0477 KGS (High: 0.8495 / Low: 0.8018). On the other end, August was the most stable month, with a tight range of 0.0150 KGS (High: 0.8788 / Low: 0.8638).

January Spread (Volatile) ±0.0477

August Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0137 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.8788) against the same month in 2022 (average: 0.7501), the exchange rate shifted by +0.1287 (+17.16%).

2023 Avg (July) 0.8788

2022 Avg (July) 0.7501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8495	0.8018	0.8352
February	0.8546	0.8372	0.8438
March	0.8633	0.8355	0.8482
April	0.8814	0.8603	0.8688
May	0.8738	0.8479	0.8605
June	0.8691	0.8358	0.8572
July	0.8969	0.8602	0.8788
August	0.8788	0.8638	0.8711
September	0.8681	0.8468	0.8574
October	0.8612	0.8413	0.8529
November	0.8855	0.8511	0.8721
December	0.8948	0.8617	0.8811