YEARLY HIGH
0.2289 CVE
YEARLY LOW
0.2209 CVE
YEARLY AVERAGE
0.2241 CVE

2023 KMF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.2289. Conversely, the yearly low was recorded on March 28, dropping to 0.2209.

This high-to-low spread represents a total annual volatility of 0.0080 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2242 to the December average rate of 0.2243, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2289 was down 2.38% compared to the 2022 peak of 0.2345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,145 CVE
2022 Average 1,124 CVE
Yearly Trough Low 1,104 CVE
Transaction Impact: A difference of 40.14 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2244
0.2237
JanuMarcMayJulySeptNove

KMF to CVE 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 0.2242, compared to 0.2241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.2242
H2 Avg (Jul–Dec) 0.2241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0059 CVE (High: 0.2289 / Low: 0.2230). On the other end, May was the most stable month, with a tight range of 0.0023 CVE (High: 0.2251 / Low: 0.2228).

June Spread (Volatile) ±0.0059
May Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.2243) against the same month in 2022 (average: 0.2249), the exchange rate shifted by -0.0005 (-0.24%).

2023 Avg (June) 0.2243
2022 Avg (June) 0.2249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2264 0.2215 0.2242
February 0.2256 0.2231 0.2240
March 0.2256 0.2209 0.2238
April 0.2257 0.2227 0.2243
May 0.2251 0.2228 0.2243
June 0.2289 0.2230 0.2243
July 0.2258 0.2224 0.2241
August 0.2254 0.2223 0.2240
September 0.2260 0.2227 0.2241
October 0.2259 0.2224 0.2241
November 0.2255 0.2215 0.2241
December 0.2264 0.2213 0.2243