2023 XCD to CNY Historical Review

YEARLY HIGH

2.7171 CNY

YEARLY LOW

2.4802 CNY

YEARLY AVERAGE

2.6171 CNY

2023 XCD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 2.7171. Conversely, the yearly low was recorded on January 14, dropping to 2.4802.

This high-to-low spread represents a total annual volatility of 0.2369 CNY. From a start-to-finish perspective, comparing the January average rate of 2.5131 to the December average rate of 2.6340, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7171 was up 0.52% compared to the 2022 peak of 2.7030, 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 13,585 CNY

2022 Average 12,452 CNY

Yearly Trough Low 12,401 CNY

Transaction Impact: A difference of 1,184.25 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7170

2.4945

JanuMarcMayJulySeptNove

XCD 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 2.5629, compared to 2.6714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1085 points.

H1 Avg (Jan–Jun) 2.5629

H2 Avg (Jul–Dec) 2.6714

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0900 CNY (High: 2.7074 / Low: 2.6175). On the other end, April was the most stable month, with a tight range of 0.0236 CNY (High: 2.5652 / Low: 2.5416).

November Spread (Volatile) ±0.0900

April Spread (Stable) ±0.0236

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 0.0321 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.6985) against the same month in 2022 (average: 2.5934), the exchange rate shifted by +0.1051 (+4.05%).

2023 Avg (September) 2.6985

2022 Avg (September) 2.5934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5587	2.4802	2.5131
February	2.5739	2.4912	2.5324
March	2.5771	2.5235	2.5504
April	2.5652	2.5416	2.5482
May	2.6315	2.5556	2.5859
June	2.6840	2.6215	2.6473
July	2.6840	2.6291	2.6592
August	2.7004	2.6424	2.6789
September	2.7171	2.6798	2.6985
October	2.7076	2.6526	2.6918
November	2.7074	2.6175	2.6661
December	2.6556	2.6167	2.6340