2023 SLL to CVE Historical Review

YEARLY HIGH

0.0059 CVE

YEARLY LOW

0.0047 CVE

YEARLY AVERAGE

0.0054 CVE

2023 SLL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0059. Conversely, the yearly low was recorded on December 29, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0012 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0048, the exchange rate registered a net change of -16.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0059 was down 32.98% compared to the 2022 peak of 0.0089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 CVE

2022 Average 39 CVE

Yearly Trough Low 24 CVE

Transaction Impact: A difference of 5.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0059

0.0047

JanuMarcMayJulySeptNove

SLL 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 0.0058, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0058

H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 CVE (High: 0.0058 / Low: 0.0048). On the other end, October was the most stable month, with a tight range of 0.0001 CVE (High: 0.0050 / Low: 0.0049).

July Spread (Volatile) ±0.0010

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0058) against the same month in 2022 (average: 0.0086), the exchange rate shifted by -0.0028 (-32.60%).

2023 Avg (January) 0.0058

2022 Avg (January) 0.0086

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0059	0.0057	0.0058
February	0.0059	0.0057	0.0058
March	0.0059	0.0057	0.0058
April	0.0058	0.0056	0.0057
May	0.0058	0.0057	0.0058
June	0.0059	0.0057	0.0058
July	0.0058	0.0048	0.0055
August	0.0049	0.0048	0.0048
September	0.0050	0.0048	0.0049
October	0.0050	0.0049	0.0050
November	0.0050	0.0048	0.0049
December	0.0049	0.0047	0.0048