2023 SOS to CVE Historical Review

YEARLY HIGH

0.1852 CVE

YEARLY LOW

0.1720 CVE

YEARLY AVERAGE

0.1793 CVE

2023 SOS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.1852. Conversely, the yearly low was recorded on July 18, dropping to 0.1720.

This high-to-low spread represents a total annual volatility of 0.0131 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1802 to the December average rate of 0.1770, the exchange rate registered a net change of -1.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1852 was down 9.91% compared to the 2022 peak of 0.2055, 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 926 CVE

2022 Average 914 CVE

Yearly Trough Low 860 CVE

Transaction Impact: A difference of 65.72 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1838

0.1748

JanuMarcMayJulySeptNove

SOS 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 0.1797, compared to 0.1789 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) 0.1797

H2 Avg (Jul–Dec) 0.1789

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0092 CVE (High: 0.1852 / Low: 0.1760). On the other end, October was the most stable month, with a tight range of 0.0032 CVE (High: 0.1847 / Low: 0.1815).

November Spread (Volatile) ±0.0092

October Spread (Stable) ±0.0032

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 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1792) against the same month in 2022 (average: 0.1913), the exchange rate shifted by -0.0121 (-6.32%).

2023 Avg (November) 0.1792

2022 Avg (November) 0.1913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1843	0.1782	0.1802
February	0.1837	0.1775	0.1813
March	0.1839	0.1783	0.1815
April	0.1797	0.1754	0.1773
May	0.1817	0.1760	0.1788
June	0.1843	0.1772	0.1794
July	0.1799	0.1720	0.1755
August	0.1792	0.1756	0.1776
September	0.1836	0.1785	0.1811
October	0.1847	0.1815	0.1830
November	0.1852	0.1760	0.1792
December	0.1810	0.1742	0.1770