2023 AWG to CVE Historical Review

YEARLY HIGH

58.4967 CVE

YEARLY LOW

54.3548 CVE

YEARLY AVERAGE

56.6946 CVE

2023 AWG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 58.4967. Conversely, the yearly low was recorded on July 18, dropping to 54.3548.

This high-to-low spread represents a total annual volatility of 4.1420 CVE. From a start-to-finish perspective, comparing the January average rate of 56.9008 to the December average rate of 56.1708, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 58.4967 was down 9.91% compared to the 2022 peak of 64.9306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292,484 CVE

2022 Average 291,987 CVE

Yearly Trough Low 271,774 CVE

Transaction Impact: A difference of 20,709.81 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

58.2741

55.1458

JanuMarcMayJulySeptNove

AWG 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 56.7252, compared to 56.6641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0611 points.

H1 Avg (Jan–Jun) 56.7252

H2 Avg (Jul–Dec) 56.6641

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.5247 CVE (High: 58.3056 / Low: 55.7809). On the other end, October was the most stable month, with a tight range of 0.9024 CVE (High: 58.4967 / Low: 57.5944).

November Spread (Volatile) ±2.5247

October Spread (Stable) ±0.9024

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 1.3295 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 58.0134) against the same month in 2022 (average: 62.6043), the exchange rate shifted by -4.5909 (-7.33%).

2023 Avg (October) 58.0134

2022 Avg (October) 62.6043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.1720	56.2591	56.9008
February	57.9296	55.9696	57.2323
March	58.0459	56.2561	57.2322
April	56.4556	55.0863	55.9027
May	57.3093	55.5593	56.4382
June	58.1415	55.9897	56.6451
July	56.4234	54.3548	55.4065
August	56.7391	55.4715	56.1352
September	58.2013	56.4809	57.3568
October	58.4967	57.5944	58.0134
November	58.3056	55.7809	56.9019
December	57.3509	55.3030	56.1708

2023 AWG నుండి CVE చారిత్రక సమీక్ష