2023 CVE to XPF Historical Review

YEARLY HIGH

1.0954 XPF

YEARLY LOW

1.0501 XPF

YEARLY AVERAGE

1.0802 XPF

2023 CVE to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0954. Conversely, the yearly low was recorded on December 14, dropping to 1.0501.

This high-to-low spread represents a total annual volatility of 0.0454 XPF. From a start-to-finish perspective, comparing the January average rate of 1.0794 to the December average rate of 1.0799, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0954 was down 4.06% compared to the 2022 peak of 1.1418, 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 5,477 XPF

2022 Average 5,398 XPF

Yearly Trough Low 5,250 XPF

Transaction Impact: A difference of 226.91 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0825

1.0781

JanuMarcMayJulySeptNove

CVE to XPF 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 1.0797, compared to 1.0808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.0797

H2 Avg (Jul–Dec) 1.0808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0347 XPF (High: 1.0847 / Low: 1.0501). On the other end, August was the most stable month, with a tight range of 0.0139 XPF (High: 1.0879 / Low: 1.0739).

December Spread (Volatile) ±0.0347

August Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0794) against the same month in 2022 (average: 1.0789), the exchange rate shifted by +0.0005 (+0.05%).

2023 Avg (January) 1.0794

2022 Avg (January) 1.0789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0954	1.0676	1.0794
February	1.0947	1.0688	1.0819
March	1.0927	1.0739	1.0806
April	1.0913	1.0661	1.0785
May	1.0881	1.0607	1.0790
June	1.0846	1.0553	1.0786
July	1.0940	1.0645	1.0811
August	1.0879	1.0739	1.0818
September	1.0925	1.0770	1.0821
October	1.0907	1.0718	1.0810
November	1.0859	1.0591	1.0787
December	1.0847	1.0501	1.0799