YEARLY HIGH
1.2144 VUV
YEARLY LOW
1.1258 VUV
YEARLY AVERAGE
1.1623 VUV

2023 CVE to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1.2144. Conversely, the yearly low was recorded on January 5, dropping to 1.1258.

This high-to-low spread represents a total annual volatility of 0.0886 VUV. From a start-to-finish perspective, comparing the January average rate of 1.1519 to the December average rate of 1.1736, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2144 was up 2.78% compared to the 2022 peak of 1.1815, 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 6,072 VUV
2022 Average 5,565 VUV
Yearly Trough Low 5,629 VUV
Transaction Impact: A difference of 443.02 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1972
1.1308
JanuMarcMayJulySeptNove

CVE to VUV 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 1.1602, compared to 1.1645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 1.1602
H2 Avg (Jul–Dec) 1.1645

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0496 VUV (High: 1.1808 / Low: 1.1312). On the other end, October was the most stable month, with a tight range of 0.0187 VUV (High: 1.1446 / Low: 1.1260).

November Spread (Volatile) ±0.0496
October Spread (Stable) ±0.0187

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 0.0246 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.1916) against the same month in 2022 (average: 1.0999), the exchange rate shifted by +0.0917 (+8.34%).

2023 Avg (July) 1.1916
2022 Avg (July) 1.0999

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1642 1.1258 1.1519
February 1.1701 1.1305 1.1454
March 1.1714 1.1282 1.1457
April 1.1983 1.1708 1.1816
May 1.1881 1.1518 1.1705
June 1.1806 1.1353 1.1662
July 1.2144 1.1702 1.1916
August 1.1874 1.1625 1.1742
September 1.1678 1.1333 1.1496
October 1.1446 1.1260 1.1363
November 1.1808 1.1312 1.1613
December 1.1925 1.1485 1.1736