2023 XPF to CVE Historical Review

YEARLY HIGH

0.9523 CVE

YEARLY LOW

0.9129 CVE

YEARLY AVERAGE

0.9258 CVE

2023 XPF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.9523. Conversely, the yearly low was recorded on January 3, dropping to 0.9129.

This high-to-low spread represents a total annual volatility of 0.0395 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9264 to the December average rate of 0.9260, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9523 was down 1.64% compared to the 2022 peak of 0.9683, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,762 CVE

2022 Average 4,631 CVE

Yearly Trough Low 4,564 CVE

Transaction Impact: A difference of 197.27 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9276

0.9238

JanuMarcMayJulySeptNove

XPF 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 0.9262, compared to 0.9253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.9262

H2 Avg (Jul–Dec) 0.9253

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0305 CVE (High: 0.9523 / Low: 0.9219). On the other end, August was the most stable month, with a tight range of 0.0119 CVE (High: 0.9312 / Low: 0.9192).

December Spread (Volatile) ±0.0305

August Spread (Stable) ±0.0119

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.9260) against the same month in 2022 (average: 0.9266), the exchange rate shifted by -0.0005 (-0.06%).

2023 Avg (December) 0.9260

2022 Avg (December) 0.9266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9367	0.9129	0.9264
February	0.9356	0.9135	0.9243
March	0.9312	0.9152	0.9254
April	0.9380	0.9163	0.9273
May	0.9427	0.9190	0.9268
June	0.9476	0.9220	0.9272
July	0.9394	0.9141	0.9250
August	0.9312	0.9192	0.9244
September	0.9285	0.9153	0.9241
October	0.9330	0.9169	0.9251
November	0.9442	0.9209	0.9271
December	0.9523	0.9219	0.9260