YEARLY HIGH
66.4866 DJF
YEARLY LOW
64.9600 DJF
YEARLY AVERAGE
65.8027 DJF

2023 XCD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 66.4866. Conversely, the yearly low was recorded on March 18, dropping to 64.9600.

This high-to-low spread represents a total annual volatility of 1.5265 DJF. From a start-to-finish perspective, comparing the January average rate of 65.7706 to the December average rate of 65.8993, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 66.4866 was down 0.01% compared to the 2022 peak of 66.4940, 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 332,433 DJF
2022 Average 329,347 DJF
Yearly Trough Low 324,800 DJF
Transaction Impact: A difference of 7,632.75 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

65.9165
65.7095
JanuMarcMayJulySeptNove

XCD to DJF 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 65.7921, compared to 65.8132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 65.7921
H2 Avg (Jul–Dec) 65.8132

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.1932 DJF (High: 66.4866 / Low: 65.2934). On the other end, January was the most stable month, with a tight range of 0.3143 DJF (High: 65.9051 / Low: 65.5908).

February Spread (Volatile) ±1.1932
January Spread (Stable) ±0.3143

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1228 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 65.8581) against the same month in 2022 (average: 65.8329), the exchange rate shifted by +0.0251 (+0.04%).

2023 Avg (February) 65.8581
2022 Avg (February) 65.8329

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.9051 65.5908 65.7706
February 66.4866 65.2934 65.8581
March 65.9238 64.9600 65.7353
April 65.9275 65.0151 65.7267
May 66.0145 65.6766 65.8089
June 66.1322 65.4740 65.8533
July 65.8637 65.3390 65.7404
August 66.2337 65.3934 65.8290
September 66.2337 65.6494 65.8693
October 66.0487 65.5899 65.8117
November 66.0487 65.3422 65.7298
December 66.2371 65.6787 65.8993