YEARLY HIGH
1.0834 CNY
YEARLY LOW
0.9869 CNY
YEARLY AVERAGE
1.0425 CNY

2023 TTD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 1.0834. Conversely, the yearly low was recorded on January 13, dropping to 0.9869.

This high-to-low spread represents a total annual volatility of 0.0964 CNY. From a start-to-finish perspective, comparing the January average rate of 1.0002 to the December average rate of 1.0471, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0834 was up 0.25% compared to the 2022 peak of 1.0806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,417 CNY
2022 Average 4,957 CNY
Yearly Trough Low 4,935 CNY
Transaction Impact: A difference of 482.22 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0828
0.9927
JanuMarcMayJulySeptNove

TTD 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 1.0208, compared to 1.0641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0432 points.

H1 Avg (Jan–Jun) 1.0208
H2 Avg (Jul–Dec) 1.0641

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0364 CNY (High: 1.0254 / Low: 0.9890). On the other end, September was the most stable month, with a tight range of 0.0148 CNY (High: 1.0834 / Low: 1.0686).

February Spread (Volatile) ±0.0364
September Spread (Stable) ±0.0148

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 0.0154 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 1.0753) against the same month in 2022 (average: 1.0328), the exchange rate shifted by +0.0426 (+4.12%).

2023 Avg (September) 1.0753
2022 Avg (September) 1.0328

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0178 0.9869 1.0002
February 1.0254 0.9890 1.0078
March 1.0292 1.0040 1.0168
April 1.0307 1.0112 1.0156
May 1.0479 1.0147 1.0300
June 1.0694 1.0406 1.0547
July 1.0762 1.0463 1.0600
August 1.0767 1.0564 1.0669
September 1.0834 1.0686 1.0753
October 1.0826 1.0548 1.0725
November 1.0798 1.0434 1.0625
December 1.0574 1.0373 1.0471