YEARLY HIGH
0.0131 CNY
YEARLY LOW
0.0114 CNY
YEARLY AVERAGE
0.0119 CNY

2023 SDG to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.0131. Conversely, the yearly low was recorded on April 13, dropping to 0.0114.

This high-to-low spread represents a total annual volatility of 0.0017 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0118, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0131 was down 12.30% compared to the 2022 peak of 0.0150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66 CNY
2022 Average 68 CNY
Yearly Trough Low 57 CNY
Transaction Impact: A difference of 8.41 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0122
0.0115
JanuMarcMayJulySeptNove

SDG 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 0.0117, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0013 CNY (High: 0.0131 / Low: 0.0118). On the other end, September was the most stable month, with a tight range of 0.0002 CNY (High: 0.0122 / Low: 0.0121).

November Spread (Volatile) ±0.0013
September Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0120) against the same month in 2022 (average: 0.0126), the exchange rate shifted by -0.0006 (-4.38%).

2023 Avg (November) 0.0120
2022 Avg (November) 0.0126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0121 0.0115 0.0118
February 0.0118 0.0115 0.0117
March 0.0121 0.0115 0.0117
April 0.0121 0.0114 0.0115
May 0.0118 0.0115 0.0116
June 0.0121 0.0118 0.0119
July 0.0121 0.0118 0.0120
August 0.0121 0.0119 0.0120
September 0.0122 0.0121 0.0121
October 0.0122 0.0119 0.0121
November 0.0131 0.0118 0.0120
December 0.0119 0.0118 0.0118