2023 LRD to CNY Historical Review

YEARLY HIGH

0.0452 CNY

YEARLY LOW

0.0376 CNY

YEARLY AVERAGE

0.0407 CNY

2023 LRD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0452. Conversely, the yearly low was recorded on December 31, dropping to 0.0376.

This high-to-low spread represents a total annual volatility of 0.0077 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0437 to the December average rate of 0.0378, the exchange rate registered a net change of -13.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0452 was down 4.91% compared to the 2022 peak of 0.0476, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 226 CNY

2022 Average 220 CNY

Yearly Trough Low 188 CNY

Transaction Impact: A difference of 38.39 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0443

0.0372

JanuMarcMayJulySeptNove

LRD 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 0.0426, compared to 0.0387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.0426

H2 Avg (Jul–Dec) 0.0387

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0024 CNY (High: 0.0447 / Low: 0.0423). On the other end, September was the most stable month, with a tight range of 0.0005 CNY (High: 0.0394 / Low: 0.0389).

March Spread (Volatile) ±0.0024

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0019 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0437) against the same month in 2022 (average: 0.0413), the exchange rate shifted by +0.0025 (+6.00%).

2023 Avg (February) 0.0437

2022 Avg (February) 0.0413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0448	0.0431	0.0437
February	0.0452	0.0429	0.0437
March	0.0447	0.0423	0.0432
April	0.0424	0.0418	0.0422
May	0.0422	0.0416	0.0419
June	0.0419	0.0402	0.0410
July	0.0403	0.0381	0.0391
August	0.0392	0.0382	0.0389
September	0.0394	0.0389	0.0391
October	0.0391	0.0383	0.0389
November	0.0390	0.0376	0.0384
December	0.0381	0.0376	0.0378