YEARLY HIGH
0.0105 CAD
YEARLY LOW
0.0086 CAD
YEARLY AVERAGE
0.0096 CAD

2023 HTG to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0105. Conversely, the yearly low was recorded on April 13, dropping to 0.0086.

This high-to-low spread represents a total annual volatility of 0.0019 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0101, the exchange rate registered a net change of 12.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0105 was down 18.75% compared to the 2022 peak of 0.0129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52 CAD
2022 Average 56 CAD
Yearly Trough Low 43 CAD
Transaction Impact: A difference of 9.36 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0105
0.0086
JanuMarcMayJulySeptNove

HTG to CAD 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 0.0091, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0091
H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0009 CAD (High: 0.0097 / Low: 0.0088). On the other end, September was the most stable month, with a tight range of 0.0002 CAD (High: 0.0101 / Low: 0.0099).

May Spread (Volatile) ±0.0009
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0102) against the same month in 2022 (average: 0.0110), the exchange rate shifted by -0.0008 (-7.12%).

2023 Avg (October) 0.0102
2022 Avg (October) 0.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0092 0.0089 0.0090
February 0.0091 0.0088 0.0090
March 0.0091 0.0087 0.0089
April 0.0089 0.0086 0.0087
May 0.0097 0.0088 0.0093
June 0.0096 0.0095 0.0095
July 0.0097 0.0095 0.0096
August 0.0100 0.0097 0.0099
September 0.0101 0.0099 0.0100
October 0.0105 0.0100 0.0102
November 0.0104 0.0102 0.0103
December 0.0103 0.0100 0.0101