2023 SHP to CDF Historical Review

YEARLY HIGH

3550.9582 CDF

YEARLY LOW

2432.4039 CDF

YEARLY AVERAGE

2907.1870 CDF

2023 SHP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SHP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 3550.9582. Conversely, the yearly low was recorded on January 5, dropping to 2432.4039.

This high-to-low spread represents a total annual volatility of 1118.5542 CDF. From a start-to-finish perspective, comparing the January average rate of 2508.5836 to the December average rate of 3448.4348, the exchange rate registered a net change of 37.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3550.9582 was up 29.28% compared to the 2022 peak of 2746.6748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,754,791 CDF

2022 Average 12,485,883 CDF

Yearly Trough Low 12,162,020 CDF

Transaction Impact: A difference of 5,592,771.18 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3544.4516

2392.2496

JanuMarcMayJulySeptNove

SHP to CDF 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 2635.0686, compared to 3179.3054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 544.2369 points.

H1 Avg (Jan–Jun) 2635.0686

H2 Avg (Jul–Dec) 3179.3054

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 418.8799 CDF (High: 3439.0501 / Low: 3020.1702). On the other end, August was the most stable month, with a tight range of 71.8555 CDF (High: 3174.4799 / Low: 3102.6244).

November Spread (Volatile) ±418.8799

August Spread (Stable) ±71.8555

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 68.3599 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -68.3599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3448.4348) against the same month in 2022 (average: 2490.1718), the exchange rate shifted by +958.2629 (+38.48%).

2023 Avg (December) 3448.4348

2022 Avg (December) 2490.1718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2563.8297	2432.4039	2508.5836
February	2544.0196	2442.1380	2488.2664
March	2560.0089	2442.5492	2510.3749
April	2727.4099	2525.7856	2590.4608
May	2898.8408	2546.2718	2729.7121
June	3055.9479	2890.5219	2983.0136
July	3296.3965	3059.4938	3180.0325
August	3174.4799	3102.6244	3145.0623
September	3135.5816	3021.9248	3076.7024
October	3150.2490	2995.1311	3064.7826
November	3439.0501	3020.1702	3160.8180
December	3550.9582	3356.9314	3448.4348