2023 CVE to SBD Historical Review

YEARLY HIGH

0.0854 SBD

YEARLY LOW

0.0788 SBD

YEARLY AVERAGE

0.0818 SBD

2023 CVE to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.0854. Conversely, the yearly low was recorded on March 8, dropping to 0.0788.

This high-to-low spread represents a total annual volatility of 0.0066 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0806 to the December average rate of 0.0836, the exchange rate registered a net change of 3.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0854 was up 1.77% compared to the 2022 peak of 0.0839, 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 427 SBD

2022 Average 388 SBD

Yearly Trough Low 394 SBD

Transaction Impact: A difference of 32.81 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0842

0.0795

JanuMarcMayJulySeptNove

CVE to SBD 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 0.0811, compared to 0.0825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0811

H2 Avg (Jul–Dec) 0.0825

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0040 SBD (High: 0.0843 / Low: 0.0803). On the other end, October was the most stable month, with a tight range of 0.0015 SBD (High: 0.0814 / Low: 0.0799).

November Spread (Volatile) ±0.0040

October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between October and December, 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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0838) against the same month in 2022 (average: 0.0758), the exchange rate shifted by +0.0080 (+10.51%).

2023 Avg (July) 0.0838

2022 Avg (July) 0.0758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0817	0.0788	0.0806
February	0.0813	0.0788	0.0799
March	0.0813	0.0788	0.0799
April	0.0836	0.0811	0.0824
May	0.0829	0.0807	0.0819
June	0.0827	0.0795	0.0817
July	0.0854	0.0822	0.0838
August	0.0837	0.0819	0.0828
September	0.0823	0.0800	0.0813
October	0.0814	0.0799	0.0807
November	0.0843	0.0803	0.0825
December	0.0847	0.0820	0.0836