YEARLY HIGH
0.1928 LSL
YEARLY LOW
0.1617 LSL
YEARLY AVERAGE
0.1808 LSL

2023 CVE to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.1928. Conversely, the yearly low was recorded on January 5, dropping to 0.1617.

This high-to-low spread represents a total annual volatility of 0.0310 LSL. From a start-to-finish perspective, comparing the January average rate of 0.1669 to the December average rate of 0.1845, the exchange rate registered a net change of 10.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1928 was up 13.63% compared to the 2022 peak of 0.1697, 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 964 LSL
2022 Average 778 LSL
Yearly Trough Low 809 LSL
Transaction Impact: A difference of 155.20 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1893
0.1649
JanuMarcMayJulySeptNove

CVE to LSL 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 0.1781, compared to 0.1835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1781
H2 Avg (Jul–Dec) 0.1835

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0157 LSL (High: 0.1897 / Low: 0.1740). On the other end, September was the most stable month, with a tight range of 0.0069 LSL (High: 0.1869 / Low: 0.1800).

November Spread (Volatile) ±0.0157
September Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1859) against the same month in 2022 (average: 0.1528), the exchange rate shifted by +0.0331 (+21.66%).

2023 Avg (August) 0.1859
2022 Avg (August) 0.1528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1713 0.1617 0.1669
February 0.1770 0.1686 0.1737
March 0.1819 0.1742 0.1772
April 0.1837 0.1751 0.1801
May 0.1917 0.1820 0.1873
June 0.1921 0.1777 0.1835
July 0.1880 0.1758 0.1825
August 0.1928 0.1791 0.1859
September 0.1869 0.1800 0.1836
October 0.1863 0.1792 0.1824
November 0.1897 0.1740 0.1819
December 0.1883 0.1806 0.1845