YEARLY HIGH
0.6948 XCD
YEARLY LOW
0.6035 XCD
YEARLY AVERAGE
0.6444 XCD

2023 PLN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6948. Conversely, the yearly low was recorded on February 22, dropping to 0.6035.

This high-to-low spread represents a total annual volatility of 0.0913 XCD. From a start-to-finish perspective, comparing the January average rate of 0.6236 to the December average rate of 0.6814, the exchange rate registered a net change of 9.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6948 was up 1.19% compared to the 2022 peak of 0.6866, 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 13,896 XCD
2022 Average 12,169 XCD
Yearly Trough Low 12,070 XCD
Transaction Impact: A difference of 1,825.97 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6886
0.6025
JanuMarcMayJulySeptNove

PLN to XCD 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 0.6321, compared to 0.6567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.6321
H2 Avg (Jul–Dec) 0.6567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0482 XCD (High: 0.6884 / Low: 0.6402). On the other end, May was the most stable month, with a tight range of 0.0186 XCD (High: 0.6569 / Low: 0.6383).

November Spread (Volatile) ±0.0482
May Spread (Stable) ±0.0186

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 0.0340 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6814) against the same month in 2022 (average: 0.6117), the exchange rate shifted by +0.0698 (+11.41%).

2023 Avg (December) 0.6814
2022 Avg (December) 0.6117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6532 0.6073 0.6236
February 0.6328 0.6035 0.6097
March 0.6303 0.6078 0.6168
April 0.6516 0.6244 0.6388
May 0.6569 0.6383 0.6468
June 0.6698 0.6435 0.6571
July 0.6843 0.6564 0.6725
August 0.6719 0.6519 0.6613
September 0.6520 0.6128 0.6273
October 0.6466 0.6111 0.6332
November 0.6884 0.6402 0.6645
December 0.6948 0.6709 0.6814