2023 SBD to CNY Historical Review

YEARLY HIGH

0.8738 CNY

YEARLY LOW

0.8076 CNY

YEARLY AVERAGE

0.8475 CNY

2023 SBD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.8738. Conversely, the yearly low was recorded on January 14, dropping to 0.8076.

This high-to-low spread represents a total annual volatility of 0.0661 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8218 to the December average rate of 0.8417, the exchange rate registered a net change of 2.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8738 was down 2.03% compared to the 2022 peak of 0.8919, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,369 CNY

2022 Average 4,134 CNY

Yearly Trough Low 4,038 CNY

Transaction Impact: A difference of 330.56 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8729

0.8172

JanuMarcMayJulySeptNove

SBD 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 0.8364, compared to 0.8585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.8364

H2 Avg (Jul–Dec) 0.8585

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0345 CNY (High: 0.8691 / Low: 0.8346). On the other end, April was the most stable month, with a tight range of 0.0079 CNY (High: 0.8349 / Low: 0.8270).

November Spread (Volatile) ±0.0345

April Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 0.0124 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.8682) against the same month in 2022 (average: 0.8564), the exchange rate shifted by +0.0118 (+1.38%).

2023 Avg (September) 0.8682

2022 Avg (September) 0.8564

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8367	0.8076	0.8218
February	0.8437	0.8177	0.8312
March	0.8460	0.8286	0.8376
April	0.8349	0.8270	0.8305
May	0.8533	0.8294	0.8393
June	0.8707	0.8494	0.8583
July	0.8707	0.8511	0.8591
August	0.8714	0.8533	0.8651
September	0.8738	0.8618	0.8682
October	0.8705	0.8494	0.8626
November	0.8691	0.8346	0.8541
December	0.8489	0.8337	0.8417