2023 PYG to CVE Historical Review

YEARLY HIGH

0.0146 CVE

YEARLY LOW

0.0135 CVE

YEARLY AVERAGE

0.0140 CVE

2023 PYG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0146. Conversely, the yearly low was recorded on July 18, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0011 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0137, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0146 was down 11.21% compared to the 2022 peak of 0.0164, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73 CVE

2022 Average 75 CVE

Yearly Trough Low 67 CVE

Transaction Impact: A difference of 5.44 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0144

0.0137

JanuMarcMayJulySeptNove

PYG 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 0.0141, compared to 0.0139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0141

H2 Avg (Jul–Dec) 0.0139

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 CVE (High: 0.0143 / Low: 0.0136). On the other end, August was the most stable month, with a tight range of 0.0003 CVE (High: 0.0140 / Low: 0.0137).

January Spread (Volatile) ±0.0007

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0143) against the same month in 2022 (average: 0.0144), the exchange rate shifted by -0.0001 (-0.61%).

2023 Avg (March) 0.0143

2022 Avg (March) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0143	0.0136	0.0139
February	0.0143	0.0138	0.0141
March	0.0146	0.0141	0.0143
April	0.0142	0.0138	0.0141
May	0.0143	0.0139	0.0141
June	0.0145	0.0139	0.0141
July	0.0140	0.0135	0.0137
August	0.0140	0.0137	0.0139
September	0.0144	0.0140	0.0142
October	0.0145	0.0139	0.0142
November	0.0141	0.0135	0.0137
December	0.0141	0.0136	0.0137