2023 CVE to SLL Historical Review

YEARLY HIGH

210.6307 SLL

YEARLY LOW

168.4707 SLL

YEARLY AVERAGE

186.8629 SLL

2023 CVE to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 210.6307. Conversely, the yearly low was recorded on January 5, dropping to 168.4707.

This high-to-low spread represents a total annual volatility of 42.1599 SLL. From a start-to-finish perspective, comparing the January average rate of 172.3833 to the December average rate of 207.2917, the exchange rate registered a net change of 20.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 210.6307 was up 23.47% compared to the 2022 peak of 170.5939, 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 1,053,153 SLL

2022 Average 651,475 SLL

Yearly Trough Low 842,354 SLL

Transaction Impact: A difference of 210,799.56 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

210.9991

167.8037

JanuMarcMayJulySeptNove

CVE to SLL 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 172.9241, compared to 200.8018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.8776 points.

H1 Avg (Jan–Jun) 172.9241

H2 Avg (Jul–Dec) 200.8018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 36.1453 SLL (High: 209.8852 / Low: 173.7399). On the other end, October was the most stable month, with a tight range of 3.2971 SLL (High: 202.1725 / Low: 198.8754).

July Spread (Volatile) ±36.1453

October Spread (Stable) ±3.2971

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 4.3418 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.3418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 207.2917) against the same month in 2022 (average: 169.2828), the exchange rate shifted by +38.0088 (+22.45%).

2023 Avg (December) 207.2917

2022 Avg (December) 169.2828

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	174.2161	168.4707	172.3833
February	175.1000	169.1756	171.4033
March	174.4503	168.8366	171.4044
April	177.9077	173.8339	175.4304
May	176.3930	171.0068	173.7822
June	175.2803	168.5592	173.1411
July	209.8852	173.7399	181.2355
August	209.7216	205.3210	207.3994
September	206.2595	200.1627	203.0576
October	202.1725	198.8754	200.7059
November	208.5584	199.8047	205.1204
December	210.6307	202.8489	207.2917