2023 SOS to CNY Historical Review

YEARLY HIGH

0.0129 CNY

YEARLY LOW

0.0118 CNY

YEARLY AVERAGE

0.0124 CNY

2023 SOS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0129. Conversely, the yearly low was recorded on January 13, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0011 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0119 to the December average rate of 0.0125, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was up 0.06% compared to the 2022 peak of 0.0129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 CNY

2022 Average 59 CNY

Yearly Trough Low 59 CNY

Transaction Impact: A difference of 5.52 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0129

0.0119

JanuMarcMayJulySeptNove

SOS 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 0.0122, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0122

H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0005 CNY (High: 0.0129 / Low: 0.0124). On the other end, April was the most stable month, with a tight range of 0.0002 CNY (High: 0.0123 / Low: 0.0121).

November Spread (Volatile) ±0.0005

April 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 (September 2023: 0.0128) against the same month in 2022 (average: 0.0123), the exchange rate shifted by +0.0005 (+3.68%).

2023 Avg (September) 0.0128

2022 Avg (September) 0.0123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0118	0.0119
February	0.0122	0.0118	0.0120
March	0.0123	0.0120	0.0121
April	0.0123	0.0121	0.0121
May	0.0125	0.0121	0.0123
June	0.0128	0.0124	0.0126
July	0.0128	0.0125	0.0126
August	0.0128	0.0126	0.0127
September	0.0129	0.0127	0.0128
October	0.0128	0.0126	0.0127
November	0.0129	0.0124	0.0126
December	0.0126	0.0123	0.0125