2023 XCD to CAD Historical Review

YEARLY HIGH

0.5136 CAD

YEARLY LOW

0.4852 CAD

YEARLY AVERAGE

0.4996 CAD

2023 XCD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.5136. Conversely, the yearly low was recorded on July 13, dropping to 0.4852.

This high-to-low spread represents a total annual volatility of 0.0284 CAD. From a start-to-finish perspective, comparing the January average rate of 0.4966 to the December average rate of 0.4962, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5136 was down 0.01% compared to the 2022 peak of 0.5137, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,568 CAD

2022 Average 2,409 CAD

Yearly Trough Low 2,426 CAD

Transaction Impact: A difference of 142.19 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5092

0.4878

JanuMarcMayJulySeptNove

XCD to CAD 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 0.4990, compared to 0.5001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.4990

H2 Avg (Jul–Dec) 0.5001

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0148 CAD (High: 0.5031 / Low: 0.4883). On the other end, September was the most stable month, with a tight range of 0.0089 CAD (High: 0.5063 / Low: 0.4974).

December Spread (Volatile) ±0.0148

September Spread (Stable) ±0.0089

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 November and December, when the average rate fell by 0.0110 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5074) against the same month in 2022 (average: 0.5071), the exchange rate shifted by +0.0003 (+0.06%).

2023 Avg (October) 0.5074

2022 Avg (October) 0.5071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5060	0.4924	0.4966
February	0.5049	0.4912	0.4980
March	0.5128	0.5004	0.5070
April	0.5061	0.4937	0.5002
May	0.5054	0.4948	0.5006
June	0.4976	0.4865	0.4917
July	0.4945	0.4852	0.4895
August	0.5036	0.4911	0.4990
September	0.5063	0.4974	0.5014
October	0.5136	0.5023	0.5074
November	0.5119	0.5016	0.5072
December	0.5031	0.4883	0.4962