YEARLY HIGH
0.0484 LYD
YEARLY LOW
0.0459 LYD
YEARLY AVERAGE
0.0471 LYD

2023 CVE to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0484. Conversely, the yearly low was recorded on January 5, dropping to 0.0459.

This high-to-low spread represents a total annual volatility of 0.0025 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0467 to the December average rate of 0.0475, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0484 was up 1.81% compared to the 2022 peak of 0.0475, 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 242 LYD
2022 Average 229 LYD
Yearly Trough Low 230 LYD
Transaction Impact: A difference of 12.28 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0479
0.0464
JanuMarcMayJulySeptNove

CVE to LYD 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 0.0469, compared to 0.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0469
H2 Avg (Jul–Dec) 0.0473

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0018 LYD (High: 0.0478 / Low: 0.0460). On the other end, October was the most stable month, with a tight range of 0.0007 LYD (High: 0.0472 / Low: 0.0465).

June Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0478) against the same month in 2022 (average: 0.0452), the exchange rate shifted by +0.0026 (+5.65%).

2023 Avg (July) 0.0478
2022 Avg (July) 0.0452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0469 0.0459 0.0467
February 0.0470 0.0462 0.0465
March 0.0473 0.0461 0.0466
April 0.0477 0.0469 0.0473
May 0.0476 0.0467 0.0470
June 0.0478 0.0460 0.0472
July 0.0484 0.0470 0.0478
August 0.0480 0.0472 0.0476
September 0.0474 0.0467 0.0470
October 0.0472 0.0465 0.0468
November 0.0480 0.0466 0.0474
December 0.0480 0.0465 0.0475