2023 LBP to CVE Historical Review

YEARLY HIGH

0.0691 CVE

YEARLY LOW

0.0065 CVE

YEARLY AVERAGE

0.0127 CVE

2023 LBP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0691. Conversely, the yearly low was recorded on July 18, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0626 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0676 to the December average rate of 0.0067, the exchange rate registered a net change of -90.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0691 was down 10.19% compared to the 2022 peak of 0.0769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 345 CVE

2022 Average 347 CVE

Yearly Trough Low 32 CVE

Transaction Impact: A difference of 313.06 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0737

0.0005

JanuMarcMayJulySeptNove

LBP 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 0.0187, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.0187

H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0605 CVE (High: 0.0672 / Low: 0.0067). On the other end, October was the most stable month, with a tight range of 0.0001 CVE (High: 0.0070 / Low: 0.0069).

February Spread (Volatile) ±0.0605

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0500 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0676) against the same month in 2022 (average: 0.0646), the exchange rate shifted by +0.0030 (+4.61%).

2023 Avg (January) 0.0676

2022 Avg (January) 0.0646

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0691	0.0667	0.0676
February	0.0672	0.0067	0.0176
March	0.0069	0.0067	0.0068
April	0.0068	0.0066	0.0067
May	0.0069	0.0066	0.0067
June	0.0070	0.0066	0.0067
July	0.0068	0.0065	0.0066
August	0.0068	0.0066	0.0067
September	0.0070	0.0068	0.0069
October	0.0070	0.0069	0.0070
November	0.0070	0.0067	0.0068
December	0.0069	0.0066	0.0067