2023 XDR to CVE Historical Review

YEARLY HIGH

139.8537 CVE

YEARLY LOW

131.9058 CVE

YEARLY AVERAGE

136.2515 CVE

2023 XDR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 139.8537. Conversely, the yearly low was recorded on July 15, dropping to 131.9058.

This high-to-low spread represents a total annual volatility of 7.9479 CVE. From a start-to-finish perspective, comparing the January average rate of 137.6800 to the December average rate of 134.9209, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 139.8537 was down 13.63% compared to the 2022 peak of 161.9185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 699,268 CVE

2022 Average 720,488 CVE

Yearly Trough Low 659,529 CVE

Transaction Impact: A difference of 39,739.50 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

138.4293

133.7592

JanuMarcMayJulySeptNove

XDR 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 137.0061, compared to 135.4968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5093 points.

H1 Avg (Jan–Jun) 137.0061

H2 Avg (Jul–Dec) 135.4968

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 5.2158 CVE (High: 139.5439 / Low: 134.3282). On the other end, August was the most stable month, with a tight range of 2.0995 CVE (High: 135.7746 / Low: 133.6750).

June Spread (Volatile) ±5.2158

August Spread (Stable) ±2.0995

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 June and July, when the average rate fell by 2.0362 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 137.6800) against the same month in 2022 (average: 137.0720), the exchange rate shifted by +0.6080 (+0.44%).

2023 Avg (January) 137.6800

2022 Avg (January) 137.0720

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	139.8537	136.7066	137.6800
February	139.1258	136.7073	138.0402
March	139.1627	135.3048	137.5250
April	137.4830	134.7757	135.9146
May	138.2942	134.7201	136.6923
June	139.5439	134.3282	136.1846
July	135.5770	131.9058	134.1484
August	135.7746	133.6750	134.9822
September	137.5222	134.8806	136.5310
October	138.8217	136.0104	137.2095
November	137.5968	133.7048	135.1889
December	137.2971	133.3314	134.9209