2023 SYP to CNY Historical Review

YEARLY HIGH

0.0029 CNY

YEARLY LOW

0.0027 CNY

YEARLY AVERAGE

0.0028 CNY

2023 SYP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 0.0029. Conversely, the yearly low was recorded on January 14, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0003 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0028, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0029 was up 0.52% compared to the 2022 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 CNY

2022 Average 13 CNY

Yearly Trough Low 13 CNY

Transaction Impact: A difference of 1.27 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0029

0.0027

JanuMarcMayJulySeptNove

SYP 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 0.0028, compared to 0.0029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0028

H2 Avg (Jul–Dec) 0.0029

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0001 CNY (High: 0.0029 / Low: 0.0028). On the other end, April was the most stable month, with a tight range of 0.0000 CNY (High: 0.0028 / Low: 0.0027).

November Spread (Volatile) ±0.0001

April Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0029) against the same month in 2022 (average: 0.0028), the exchange rate shifted by +0.0001 (+4.05%).

2023 Avg (September) 0.0029

2022 Avg (September) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0028	0.0027	0.0027
February	0.0028	0.0027	0.0027
March	0.0028	0.0027	0.0027
April	0.0028	0.0027	0.0027
May	0.0028	0.0027	0.0028
June	0.0029	0.0028	0.0028
July	0.0029	0.0028	0.0029
August	0.0029	0.0028	0.0029
September	0.0029	0.0029	0.0029
October	0.0029	0.0029	0.0029
November	0.0029	0.0028	0.0029
December	0.0029	0.0028	0.0028