2023 HTG to CDF Historical Review

YEARLY HIGH

21.1687 CDF

YEARLY LOW

13.1512 CDF

YEARLY AVERAGE

16.6268 CDF

2023 HTG to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 21.1687. Conversely, the yearly low was recorded on April 3, dropping to 13.1512.

This high-to-low spread represents a total annual volatility of 8.0175 CDF. From a start-to-finish perspective, comparing the January average rate of 13.8017 to the December average rate of 20.5899, the exchange rate registered a net change of 49.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.1687 was up 4.42% compared to the 2022 peak of 20.2728, 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 105,844 CDF

2022 Average 86,884 CDF

Yearly Trough Low 65,756 CDF

Transaction Impact: A difference of 40,087.52 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.3065

12.7074

JanuMarcMayJulySeptNove

HTG to CDF 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 14.4091, compared to 18.8445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4354 points.

H1 Avg (Jan–Jun) 14.4091

H2 Avg (Jul–Dec) 18.8445

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 3.2944 CDF (High: 16.6445 / Low: 13.3500). On the other end, January was the most stable month, with a tight range of 0.2815 CDF (High: 13.9324 / Low: 13.6509).

May Spread (Volatile) ±3.2944

January Spread (Stable) ±0.2815

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2674 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.2674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 20.5899) against the same month in 2022 (average: 14.1341), the exchange rate shifted by +6.4558 (+45.68%).

2023 Avg (December) 20.5899

2022 Avg (December) 14.1341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9324	13.6509	13.8017
February	13.9341	13.4960	13.7333
March	13.6954	13.2286	13.4659
April	14.2746	13.1512	13.4240
May	16.6445	13.3500	15.0825
June	17.3994	16.5209	16.9472
July	18.6042	17.3994	17.9311
August	18.3250	17.8190	18.1928
September	18.4976	18.1414	18.3604
October	19.5006	18.2734	18.7994
November	20.5619	18.5301	19.1933
December	21.1687	20.1516	20.5899