2023 SDG to CVE Historical Review

YEARLY HIGH

0.1854 CVE

YEARLY LOW

0.1631 CVE

YEARLY AVERAGE

0.1713 CVE

2023 SDG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.1854. Conversely, the yearly low was recorded on July 16, dropping to 0.1631.

This high-to-low spread represents a total annual volatility of 0.0223 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1777 to the December average rate of 0.1683, the exchange rate registered a net change of -5.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1854 was down 23.34% compared to the 2022 peak of 0.2418, 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 927 CVE

2022 Average 1,064 CVE

Yearly Trough Low 815 CVE

Transaction Impact: A difference of 111.37 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1788

0.1649

JanuMarcMayJulySeptNove

SDG 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 0.1727, compared to 0.1698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1727

H2 Avg (Jul–Dec) 0.1698

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0179 CVE (High: 0.1854 / Low: 0.1674). On the other end, October was the most stable month, with a tight range of 0.0027 CVE (High: 0.1754 / Low: 0.1727).

November Spread (Volatile) ±0.0179

October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0064 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0064

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1709) against the same month in 2022 (average: 0.1909), the exchange rate shifted by -0.0200 (-10.48%).

2023 Avg (November) 0.1709

2022 Avg (November) 0.1909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1829	0.1742	0.1777
February	0.1773	0.1729	0.1760
March	0.1807	0.1706	0.1748
April	0.1753	0.1656	0.1684
May	0.1720	0.1671	0.1694
June	0.1744	0.1676	0.1697
July	0.1693	0.1631	0.1661
August	0.1698	0.1662	0.1681
September	0.1742	0.1690	0.1718
October	0.1754	0.1727	0.1739
November	0.1854	0.1674	0.1709
December	0.1720	0.1657	0.1683