2023 CVE to STD Historical Review

YEARLY HIGH

232.9585 STD

YEARLY LOW

211.3213 STD

YEARLY AVERAGE

221.3455 STD

2023 CVE to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 232.9585. Conversely, the yearly low was recorded on October 3, dropping to 211.3213.

This high-to-low spread represents a total annual volatility of 21.6372 STD. From a start-to-finish perspective, comparing the January average rate of 222.7271 to the December average rate of 220.2643, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 232.9585 was up 4.02% compared to the 2022 peak of 223.9519, 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 1,164,793 STD

2022 Average 1,055,750 STD

Yearly Trough Low 1,056,607 STD

Transaction Impact: A difference of 108,185.92 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

229.4276

211.7971

JanuMarcMayJulySeptNove

CVE to STD 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 223.4259, compared to 219.2650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1609 points.

H1 Avg (Jan–Jun) 223.4259

H2 Avg (Jul–Dec) 219.2650

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 10.8070 STD (High: 232.9585 / Low: 222.1515). On the other end, October was the most stable month, with a tight range of 3.5034 STD (High: 214.8247 / Low: 211.3213).

July Spread (Volatile) ±10.8070

October Spread (Stable) ±3.5034

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 July and August, when the average rate fell by 7.5796 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -7.5796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 227.9584) against the same month in 2022 (average: 207.1787), the exchange rate shifted by +20.7797 (+10.03%).

2023 Avg (July) 227.9584

2022 Avg (July) 207.1787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	225.0952	217.6719	222.7271
February	226.2373	218.5827	221.4610
March	225.3978	218.1446	221.4624
April	229.8649	224.6014	226.6641
May	227.9078	220.9486	224.5346
June	226.4702	217.7862	223.7062
July	232.9585	222.1515	227.9584
August	222.8463	218.1703	220.3788
September	219.1675	212.6892	215.7652
October	214.8247	211.3213	213.2663
November	221.6102	212.3087	217.9572
December	223.8122	215.5434	220.2643