YEARLY HIGH
0.0693 TTD
YEARLY LOW
0.0642 TTD
YEARLY AVERAGE
0.0665 TTD

2023 CVE to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0693. Conversely, the yearly low was recorded on October 6, dropping to 0.0642.

This high-to-low spread represents a total annual volatility of 0.0051 TTD. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0672, the exchange rate registered a net change of 1.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0693 was down 1.84% compared to the 2022 peak of 0.0706, 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 346 TTD
2022 Average 324 TTD
Yearly Trough Low 321 TTD
Transaction Impact: A difference of 25.40 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0682
0.0646
JanuMarcMayJulySeptNove

CVE to TTD 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 0.0664, compared to 0.0665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0664
H2 Avg (Jul–Dec) 0.0665

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0027 TTD (High: 0.0675 / Low: 0.0647). On the other end, August was the most stable month, with a tight range of 0.0013 TTD (High: 0.0679 / Low: 0.0666).

November Spread (Volatile) ±0.0027
August Spread (Stable) ±0.0013

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: 0.0679) against the same month in 2022 (average: 0.0631), the exchange rate shifted by +0.0048 (+7.58%).

2023 Avg (July) 0.0679
2022 Avg (July) 0.0631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0670 0.0647 0.0663
February 0.0673 0.0650 0.0659
March 0.0671 0.0648 0.0658
April 0.0681 0.0667 0.0673
May 0.0679 0.0657 0.0667
June 0.0674 0.0648 0.0665
July 0.0693 0.0667 0.0679
August 0.0679 0.0666 0.0671
September 0.0668 0.0648 0.0657
October 0.0655 0.0642 0.0649
November 0.0675 0.0647 0.0663
December 0.0683 0.0656 0.0672