YEARLY HIGH
0.8883 CVE
YEARLY LOW
0.8235 CVE
YEARLY AVERAGE
0.8606 CVE

2023 VUV to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.8883. Conversely, the yearly low was recorded on July 18, dropping to 0.8235.

This high-to-low spread represents a total annual volatility of 0.0648 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8682 to the December average rate of 0.8522, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8883 was down 7.83% compared to the 2022 peak of 0.9637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,441 CVE
2022 Average 4,496 CVE
Yearly Trough Low 4,117 CVE
Transaction Impact: A difference of 324.05 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8841
0.8352
JanuMarcMayJulySeptNove

VUV 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 0.8621, compared to 0.8590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.8621
H2 Avg (Jul–Dec) 0.8590

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0371 CVE (High: 0.8840 / Low: 0.8469). On the other end, October was the most stable month, with a tight range of 0.0145 CVE (High: 0.8881 / Low: 0.8736).

November Spread (Volatile) ±0.0371
October Spread (Stable) ±0.0145

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 0.0266 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.8682) against the same month in 2022 (average: 0.8627), the exchange rate shifted by +0.0055 (+0.64%).

2023 Avg (January) 0.8682
2022 Avg (January) 0.8627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8883 0.8590 0.8682
February 0.8846 0.8546 0.8731
March 0.8863 0.8537 0.8729
April 0.8541 0.8345 0.8464
May 0.8682 0.8417 0.8544
June 0.8808 0.8471 0.8576
July 0.8546 0.8235 0.8393
August 0.8602 0.8422 0.8517
September 0.8824 0.8563 0.8699
October 0.8881 0.8736 0.8800
November 0.8840 0.8469 0.8612
December 0.8707 0.8386 0.8522