2023 DJF to CNY Historical Review

YEARLY HIGH

0.0413 CNY

YEARLY LOW

0.0377 CNY

YEARLY AVERAGE

0.0398 CNY

2023 DJF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0413. Conversely, the yearly low was recorded on January 13, dropping to 0.0377.

This high-to-low spread represents a total annual volatility of 0.0036 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0382 to the December average rate of 0.0400, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0413 was up 0.45% compared to the 2022 peak of 0.0412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DJF based on timing:

Yearly Peak High 207 CNY

2022 Average 189 CNY

Yearly Trough Low 188 CNY

Transaction Impact: A difference of 18.22 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0412

0.0379

JanuMarcMayJulySeptNove

DJF to CNY 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 0.0390, compared to 0.0406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0390

H2 Avg (Jul–Dec) 0.0406

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0016 CNY (High: 0.0413 / Low: 0.0397). On the other end, September was the most stable month, with a tight range of 0.0006 CNY (High: 0.0413 / Low: 0.0407).

November Spread (Volatile) ±0.0016

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0406) against the same month in 2022 (average: 0.0403), the exchange rate shifted by +0.0002 (+0.57%).

2023 Avg (November) 0.0406

2022 Avg (November) 0.0403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0389	0.0377	0.0382
February	0.0391	0.0377	0.0385
March	0.0392	0.0384	0.0388
April	0.0393	0.0386	0.0388
May	0.0400	0.0388	0.0393
June	0.0408	0.0396	0.0402
July	0.0410	0.0399	0.0405
August	0.0410	0.0400	0.0407
September	0.0413	0.0407	0.0410
October	0.0412	0.0402	0.0409
November	0.0413	0.0397	0.0406
December	0.0403	0.0396	0.0400