2023 CVE to SRD Historical Review

YEARLY HIGH

0.3911 SRD

YEARLY LOW

0.3010 SRD

YEARLY AVERAGE

0.3586 SRD

2023 CVE to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.3911. Conversely, the yearly low was recorded on January 8, dropping to 0.3010.

This high-to-low spread represents a total annual volatility of 0.0900 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3105 to the December average rate of 0.3693, the exchange rate registered a net change of 18.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3911 was up 27.31% compared to the 2022 peak of 0.3072, 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 1,955 SRD

2022 Average 1,150 SRD

Yearly Trough Low 1,505 SRD

Transaction Impact: A difference of 450.25 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3877

0.3035

JanuMarcMayJulySeptNove

CVE to SRD 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 0.3444, compared to 0.3727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0282 points.

H1 Avg (Jan–Jun) 0.3444

H2 Avg (Jul–Dec) 0.3727

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0340 SRD (High: 0.3554 / Low: 0.3214). On the other end, October was the most stable month, with a tight range of 0.0064 SRD (High: 0.3686 / Low: 0.3621).

March Spread (Volatile) ±0.0340

October Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0077 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3807) against the same month in 2022 (average: 0.2129), the exchange rate shifted by +0.1678 (+78.81%).

2023 Avg (July) 0.3807

2022 Avg (July) 0.2129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3183	0.3010	0.3105
February	0.3246	0.3125	0.3183
March	0.3554	0.3214	0.3357
April	0.3737	0.3518	0.3652
May	0.3759	0.3609	0.3674
June	0.3790	0.3610	0.3695
July	0.3911	0.3655	0.3807
August	0.3833	0.3739	0.3785
September	0.3779	0.3648	0.3709
October	0.3686	0.3621	0.3651
November	0.3777	0.3635	0.3715
December	0.3741	0.3631	0.3693