2023 CVE to PLN Historical Review

YEARLY HIGH

0.0434 PLN

YEARLY LOW

0.0379 PLN

YEARLY AVERAGE

0.0411 PLN

2023 CVE to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 0.0434. Conversely, the yearly low was recorded on December 14, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0055 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0423 to the December average rate of 0.0392, the exchange rate registered a net change of -7.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0434 was down 5.13% compared to the 2022 peak of 0.0457, 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 217 PLN

2022 Average 212 PLN

Yearly Trough Low 190 PLN

Transaction Impact: A difference of 27.34 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0434

0.0388

JanuMarcMayJulySeptNove

CVE to PLN 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 0.0419, compared to 0.0404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0419

H2 Avg (Jul–Dec) 0.0404

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0023 PLN (High: 0.0430 / Low: 0.0406). On the other end, August was the most stable month, with a tight range of 0.0008 PLN (High: 0.0408 / Low: 0.0400).

January Spread (Volatile) ±0.0023

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0430) against the same month in 2022 (average: 0.0412), the exchange rate shifted by +0.0018 (+4.33%).

2023 Avg (February) 0.0430

2022 Avg (February) 0.0412

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0430	0.0406	0.0423
February	0.0434	0.0421	0.0430
March	0.0431	0.0422	0.0425
April	0.0427	0.0414	0.0420
May	0.0417	0.0406	0.0411
June	0.0408	0.0397	0.0403
July	0.0406	0.0396	0.0403
August	0.0408	0.0400	0.0404
September	0.0424	0.0406	0.0417
October	0.0421	0.0400	0.0409
November	0.0405	0.0390	0.0398
December	0.0395	0.0379	0.0392