2023 TTD to CVE Historical Review

YEARLY HIGH

15.5828 CVE

YEARLY LOW

14.4396 CVE

YEARLY AVERAGE

15.0473 CVE

2023 TTD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 15.5828. Conversely, the yearly low was recorded on July 18, dropping to 14.4396.

This high-to-low spread represents a total annual volatility of 1.1432 CVE. From a start-to-finish perspective, comparing the January average rate of 15.0936 to the December average rate of 14.8818, the exchange rate registered a net change of -1.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.5828 was down 9.53% compared to the 2022 peak of 17.2246, 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 77,914 CVE

2022 Average 77,422 CVE

Yearly Trough Low 72,198 CVE

Transaction Impact: A difference of 5,715.97 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.4714

14.6574

JanuMarcMayJulySeptNove

TTD 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 15.0584, compared to 15.0362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0222 points.

H1 Avg (Jan–Jun) 15.0584

H2 Avg (Jul–Dec) 15.0362

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.6242 CVE (High: 15.4493 / Low: 14.8251). On the other end, August was the most stable month, with a tight range of 0.2871 CVE (High: 15.0222 / Low: 14.7351).

November Spread (Volatile) ±0.6242

August Spread (Stable) ±0.2871

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 0.3542 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 15.4036) against the same month in 2022 (average: 16.6219), the exchange rate shifted by -1.2183 (-7.33%).

2023 Avg (October) 15.4036

2022 Avg (October) 16.6219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.4534	14.9202	15.0936
February	15.3835	14.8642	15.1777
March	15.4230	14.9074	15.2041
April	14.9957	14.6837	14.8498
May	15.2206	14.7348	14.9833
June	15.4321	14.8452	15.0420
July	14.9830	14.4396	14.7253
August	15.0222	14.7351	14.9006
September	15.4313	14.9613	15.2278
October	15.5828	15.2605	15.4036
November	15.4493	14.8251	15.0781
December	15.2328	14.6369	14.8818