YEARLY HIGH
154.2559 LBP
YEARLY LOW
14.4727 LBP
YEARLY AVERAGE
134.5985 LBP

2023 CVE to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 154.2559. Conversely, the yearly low was recorded on January 8, dropping to 14.4727.

This high-to-low spread represents a total annual volatility of 139.7832 LBP. From a start-to-finish perspective, comparing the January average rate of 14.7926 to the December average rate of 148.7789, the exchange rate registered a net change of 905.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 154.2559 was up 882.31% compared to the 2022 peak of 15.7034, 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 771,279 LBP
2022 Average 72,248 LBP
Yearly Trough Low 72,364 LBP
Transaction Impact: A difference of 698,915.81 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

164.5441
1.1788
JanuMarcMayJulySeptNove

CVE to LBP 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 121.7029, compared to 147.4940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.7911 points.

H1 Avg (Jan–Jun) 121.7029
H2 Avg (Jul–Dec) 147.4940

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 135.0321 LBP (High: 149.9132 / Low: 14.8811). On the other end, January was the most stable month, with a tight range of 0.5171 LBP (High: 14.9899 / Low: 14.4727).

February Spread (Volatile) ±135.0321
January Spread (Stable) ±0.5171

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 3.1740 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 150.9303) against the same month in 2022 (average: 14.0579), the exchange rate shifted by +136.8724 (+973.63%).

2023 Avg (July) 150.9303
2022 Avg (July) 14.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.9899 14.4727 14.7926
February 149.9132 14.8811 122.6105
March 149.1281 144.1562 146.2712
April 151.4887 147.7951 149.9132
May 152.0159 145.6249 148.4093
June 151.2842 143.6714 148.2208
July 154.2559 147.7354 150.9303
August 151.4239 147.0531 148.9436
September 147.8472 143.5958 145.7696
October 144.9323 142.3725 143.7630
November 149.5880 142.0358 146.7785
December 151.0692 145.3317 148.7789