2023 LYD to CVE Historical Review

YEARLY HIGH

21.7636 CVE

YEARLY LOW

20.6595 CVE

YEARLY AVERAGE

21.2276 CVE

2023 LYD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 21.7636. Conversely, the yearly low was recorded on July 17, dropping to 20.6595.

This high-to-low spread represents a total annual volatility of 1.1040 CVE. From a start-to-finish perspective, comparing the January average rate of 21.4338 to the December average rate of 21.0430, the exchange rate registered a net change of -1.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.7636 was down 7.05% compared to the 2022 peak of 23.4135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108,818 CVE

2022 Average 109,324 CVE

Yearly Trough Low 103,298 CVE

Transaction Impact: A difference of 5,520.10 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.5542

20.8754

JanuMarcMayJulySeptNove

LYD 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 21.3304, compared to 21.1248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2056 points.

H1 Avg (Jan–Jun) 21.3304

H2 Avg (Jul–Dec) 21.1248

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.7977 CVE (High: 21.7297 / Low: 20.9320). On the other end, October was the most stable month, with a tight range of 0.3155 CVE (High: 21.5123 / Low: 21.1967).

June Spread (Volatile) ±0.7977

October Spread (Stable) ±0.3155

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 March and April, when the average rate fell by 0.2990 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 21.4338) against the same month in 2022 (average: 21.2884), the exchange rate shifted by +0.1454 (+0.68%).

2023 Avg (January) 21.4338

2022 Avg (January) 21.2884

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.7636	21.3021	21.4338
February	21.6325	21.2899	21.4976
March	21.6993	21.1507	21.4488
April	21.3071	20.9660	21.1498
May	21.4317	21.0238	21.2586
June	21.7297	20.9320	21.1937
July	21.2800	20.6595	20.9319
August	21.1744	20.8517	21.0259
September	21.4351	21.1125	21.2855
October	21.5123	21.1967	21.3619
November	21.4402	20.8532	21.1006
December	21.5186	20.8440	21.0430