2023 HTG to CNY Historical Review

YEARLY HIGH

0.0552 CNY

YEARLY LOW

0.0440 CNY

YEARLY AVERAGE

0.0502 CNY

2023 HTG to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.0552. Conversely, the yearly low was recorded on April 20, dropping to 0.0440.

This high-to-low spread represents a total annual volatility of 0.0111 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0458 to the December average rate of 0.0538, the exchange rate registered a net change of 17.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0552 was down 14.29% compared to the 2022 peak of 0.0644, 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 276 CNY

2022 Average 289 CNY

Yearly Trough Low 220 CNY

Transaction Impact: A difference of 55.57 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0554

0.0434

JanuMarcMayJulySeptNove

HTG 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 0.0467, compared to 0.0536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0467

H2 Avg (Jul–Dec) 0.0536

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0062 CNY (High: 0.0508 / Low: 0.0447). On the other end, September was the most stable month, with a tight range of 0.0009 CNY (High: 0.0544 / Low: 0.0535).

May Spread (Volatile) ±0.0062

September Spread (Stable) ±0.0009

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 February and March, when the average rate fell by 0.0007 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0544) against the same month in 2022 (average: 0.0531), the exchange rate shifted by +0.0013 (+2.49%).

2023 Avg (November) 0.0544

2022 Avg (November) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0467	0.0451	0.0458
February	0.0466	0.0448	0.0456
March	0.0458	0.0440	0.0449
April	0.0455	0.0440	0.0444
May	0.0508	0.0447	0.0481
June	0.0524	0.0502	0.0514
July	0.0527	0.0514	0.0522
August	0.0538	0.0523	0.0532
September	0.0544	0.0535	0.0539
October	0.0551	0.0528	0.0543
November	0.0552	0.0535	0.0544
December	0.0543	0.0533	0.0538