2023 XCD to EUR Historical Review

YEARLY HIGH

0.3534 EUR

YEARLY LOW

0.3291 EUR

YEARLY AVERAGE

0.3420 EUR

2023 XCD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.3534. Conversely, the yearly low was recorded on July 14, dropping to 0.3291.

This high-to-low spread represents a total annual volatility of 0.0243 EUR. From a start-to-finish perspective, comparing the January average rate of 0.3430 to the December average rate of 0.3388, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3534 was down 8.35% compared to the 2022 peak of 0.3856, 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 1,767 EUR

2022 Average 1,760 EUR

Yearly Trough Low 1,645 EUR

Transaction Impact: A difference of 121.65 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3518

0.3331

JanuMarcMayJulySeptNove

XCD to EUR 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 0.3420, compared to 0.3419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3420

H2 Avg (Jul–Dec) 0.3419

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0159 EUR (High: 0.3460 / Low: 0.3301). On the other end, October was the most stable month, with a tight range of 0.0067 EUR (High: 0.3534 / Low: 0.3468).

May Spread (Volatile) ±0.0159

October Spread (Stable) ±0.0067

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 0.0086 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0086

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.3502) against the same month in 2022 (average: 0.3762), the exchange rate shifted by -0.0260 (-6.92%).

2023 Avg (October) 0.3502

2022 Avg (October) 0.3762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3517	0.3388	0.3430
February	0.3506	0.3360	0.3458
March	0.3508	0.3393	0.3454
April	0.3425	0.3325	0.3367
May	0.3460	0.3301	0.3401
June	0.3459	0.3366	0.3412
July	0.3409	0.3291	0.3346
August	0.3428	0.3356	0.3392
September	0.3522	0.3429	0.3465
October	0.3534	0.3468	0.3502
November	0.3495	0.3363	0.3420
December	0.3437	0.3331	0.3388