YEARLY HIGH
710.2389 CDF
YEARLY LOW
456.8589 CDF
YEARLY AVERAGE
558.1989 CDF

2023 PLN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 710.2389. Conversely, the yearly low was recorded on February 24, dropping to 456.8589.

This high-to-low spread represents a total annual volatility of 253.3800 CDF. From a start-to-finish perspective, comparing the January average rate of 472.7135 to the December average rate of 686.4899, the exchange rate registered a net change of 45.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 710.2389 was up 39.20% compared to the 2022 peak of 510.2285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 14,204,779 CDF
2022 Average 9,091,496 CDF
Yearly Trough Low 9,137,178 CDF
Transaction Impact: A difference of 5,067,600.65 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

708.6095
443.1741
JanuMarcMayJulySeptNove

PLN to CDF 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 499.9268, compared to 616.4710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 116.5442 points.

H1 Avg (Jan–Jun) 499.9268
H2 Avg (Jul–Dec) 616.4710

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 89.9106 CDF (High: 681.4459 / Low: 591.5353). On the other end, August was the most stable month, with a tight range of 19.1436 CDF (High: 616.4260 / Low: 597.2824).

November Spread (Volatile) ±89.9106
August Spread (Stable) ±19.1436

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 29.3897 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -29.3897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 686.4899) against the same month in 2022 (average: 462.9749), the exchange rate shifted by +223.5150 (+48.28%).

2023 Avg (December) 686.4899
2022 Avg (December) 462.9749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 498.3865 458.9617 472.7135
February 480.8927 456.8589 465.2937
March 483.6762 461.5056 471.9957
April 526.2132 474.0338 492.0117
May 558.8673 490.0936 523.5990
June 593.0007 554.1737 573.9473
July 638.5440 591.3505 614.4163
August 616.4260 597.2824 605.9317
September 599.3314 563.5275 576.5420
October 614.8395 561.0284 590.0840
November 681.4459 591.5353 625.3621
December 710.2389 663.8846 686.4899