2023 EUR to XCD Historical Review

YEARLY HIGH

3.0386 XCD

YEARLY LOW

2.8294 XCD

YEARLY AVERAGE

2.9250 XCD

2023 EUR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 3.0386. Conversely, the yearly low was recorded on October 3, dropping to 2.8294.

This high-to-low spread represents a total annual volatility of 0.2092 XCD. From a start-to-finish perspective, comparing the January average rate of 2.9155 to the December average rate of 2.9521, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0386 was down 1.86% compared to the 2022 peak of 3.0962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,193 XCD

2022 Average 14,240 XCD

Yearly Trough Low 14,147 XCD

Transaction Impact: A difference of 1,045.93 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0020

2.8421

JanuMarcMayJulySeptNove

EUR to XCD 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 2.9241, compared to 2.9258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.9241

H2 Avg (Jul–Dec) 2.9258

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1395 XCD (High: 3.0297 / Low: 2.8903). On the other end, October was the most stable month, with a tight range of 0.0544 XCD (High: 2.8838 / Low: 2.8294).

May Spread (Volatile) ±0.1395

October Spread (Stable) ±0.0544

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 0.0626 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.9886) against the same month in 2022 (average: 2.7556), the exchange rate shifted by +0.2330 (+8.45%).

2023 Avg (July) 2.9886

2022 Avg (July) 2.7556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9513	2.8431	2.9155
February	2.9763	2.8521	2.8924
March	2.9470	2.8509	2.8958
April	3.0073	2.9200	2.9698
May	3.0297	2.8903	2.9405
June	2.9706	2.8909	2.9307
July	3.0386	2.9337	2.9886
August	2.9798	2.9174	2.9485
September	2.9164	2.8391	2.8859
October	2.8838	2.8294	2.8555
November	2.9739	2.8610	2.9244
December	3.0021	2.9094	2.9521