2023 KZT to CVE Historical Review

YEARLY HIGH

0.2413 CVE

YEARLY LOW

0.2172 CVE

YEARLY AVERAGE

0.2238 CVE

2023 KZT to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.2413. Conversely, the yearly low was recorded on September 21, dropping to 0.2172.

This high-to-low spread represents a total annual volatility of 0.0242 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2216 to the December average rate of 0.2203, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2413 was down 3.46% compared to the 2022 peak of 0.2500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,207 CVE

2022 Average 1,140 CVE

Yearly Trough Low 1,086 CVE

Transaction Impact: A difference of 120.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2295

0.2184

JanuMarcMayJulySeptNove

KZT 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 0.2261, compared to 0.2214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.2261

H2 Avg (Jul–Dec) 0.2214

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0231 CVE (High: 0.2413 / Low: 0.2182). On the other end, September was the most stable month, with a tight range of 0.0057 CVE (High: 0.2229 / Low: 0.2172).

March Spread (Volatile) ±0.0231

September Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2286) against the same month in 2022 (average: 0.1997), the exchange rate shifted by +0.0289 (+14.46%).

2023 Avg (March) 0.2286

2022 Avg (March) 0.1997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2256	0.2194	0.2216
February	0.2340	0.2201	0.2283
March	0.2413	0.2182	0.2286
April	0.2291	0.2191	0.2230
May	0.2324	0.2231	0.2279
June	0.2335	0.2228	0.2275
July	0.2281	0.2207	0.2243
August	0.2265	0.2186	0.2232
September	0.2229	0.2172	0.2204
October	0.2236	0.2174	0.2193
November	0.2258	0.2187	0.2208
December	0.2264	0.2179	0.2203