Forex currencies

US Dollar vs Offshore Chinese Renminbi (USDCNH) Seasonality

Over 2012 to 2025 (14 years of data), USDCNH has tended to move short between 06.10 and 04.12, closing higher in 78.6% of those years for an average +0.49% move and an annualized Sharpe of 0.78.

Years: 2012-2025
Category: Forex currencies
Windows: 8

Best window

06.10 - 04.12

Direction

Short

Win rate

78.6%

Avg return

+0.49%

Sample

14 yrs

Average seasonal curve

Average path across the year

2012-2025

Strongest recurring windows

Window	Dir	Win rate	Avg return	Sharpe	Years
06.10 → 04.12	Short	78.6%	+0.49%	0.78	14
07.10 → 03.12	Short	78.6%	+0.49%	0.78	14
05.10 → 04.12	Short	78.6%

Embed this chart

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Open in the seasonality screener →Browse all instruments How to read seasonality

USDCNH average seasonal curve, 2012 to 2025
Index	Value
1	100
2	100.0228
3	100.041
4	99.9775
5	99.888
6	99.9311
7	99.8928
8	99.894
9	99.8714
10	99.8613
11	99.7092
12	99.5869
13	99.5263
14	99.5538
15	99.5724
16	99.6342
17	99.6079
18	99.6303
19	99.589
20	99.5332
21	99.5771
22	99.6243
23	99.5914
24	99.5559
25	99.5203
26	99.5322
27	99.6186
28	99.595
29	99.5527
30	99.5761
31	99.5592
32	99.5821
33	99.6181
34	99.607
35	99.6025
36	99.5584
37	99.5073
38	99.5988
39	99.6539
40	99.5942
41	99.5936
42	99.5665
43	99.5453
44	99.5614
45	99.5103
46	99.466
47	99.5101
48	99.5431
49	99.5786
50	99.6075
51	99.6133
52	99.6544
53	99.6373
54	99.6461
55	99.6564
56	99.676
57	99.6518
58	99.6911
59	99.6782
60	99.6746
61	99.7232
62	99.7071
63	99.6608
64	99.6293
65	99.6653
66	99.6842
67	99.7392
68	99.6727
69	99.6658
70	99.6622
71	99.6123
72	99.667
73	99.7145
74	99.6959
75	99.6793
76	99.6447
77	99.6679
78	99.6795
79	99.7644
80	99.7284
81	99.7611
82	99.7894
83	99.81
84	99.8242
85	99.8146
86	99.8183
87	99.8534
88	99.8578
89	99.7985
90	99.7479
91	99.7327
92	99.8382
93	99.7666
94	99.7953
95	99.814
96	99.8112
97	99.7851
98	99.816
99	99.7903
100	99.7374
101	99.7433
102	99.6947
103	99.6863
104	99.7214
105	99.7034
106	99.6914
107	99.6799
108	99.6861
109	99.7267
110	99.7212
111	99.774
112	99.8578
113	99.8788
114	99.8921
115	99.9836
116	99.9835
117	99.9993
118	100.0264
119	99.9851
120	99.9639
121	100.0329
122	100.0294
123	99.9473
124	99.9559
125	100.0572
126	100.007
127	100.0135
128	100.0149
129	100.0779
130	100.0799
131	100.1082
132	100.1685
133	100.1827
134	100.1832
135	100.2087
136	100.2359
137	100.2253
138	100.2757
139	100.2375
140	100.1814
141	100.1667
142	100.198
143	100.1852
144	100.1549
145	100.2136
146	100.1897
147	100.1611
148	100.2196
149	100.2273
150	100.1891
151	100.1689
152	100.2025
153	100.171
154	100.1465
155	100.1021
156	100.098
157	100.0757
158	100.1493
159	100.1798
160	100.1563
161	100.2004
162	100.2049
163	100.2313
164	100.2416
165	100.253
166	100.207
167	100.2127
168	100.2794
169	100.2811
170	100.3263
171	100.2823
172	100.3224
173	100.3739
174	100.3593
175	100.3992
176	100.451
177	100.5189
178	100.4966
179	100.5502
180	100.544
181	100.4441
182	100.4826
183	100.5515
184	100.5507
185	100.487
186	100.5476
187	100.5833
188	100.5305
189	100.5466
190	100.4708
191	100.5143
192	100.5584
193	100.4925
194	100.5059
195	100.4909
196	100.5064
197	100.5053
198	100.5641
199	100.5364
200	100.6151
201	100.594
202	100.5407
203	100.5192
204	100.598
205	100.5863
206	100.5058
207	100.5494
208	100.5803
209	100.5217
210	100.5208
211	100.5056
212	100.4935
213	100.5559
214	100.6352
215	100.5086
216	100.5108
217	100.5992
218	100.5557
219	100.5433
220	100.5869
221	100.5996
222	100.5721
223	100.7258
224	100.7745
225	100.7152
226	100.7396
227	100.862
228	100.8092
229	100.7354
230	100.7322
231	100.7853
232	100.7739
233	100.736
234	100.8205
235	100.8404
236	100.8099
237	100.8062
238	100.7996
239	100.7681
240	100.7665
241	100.7302
242	100.7434
243	100.6771
244	100.6394
245	100.6758
246	100.6612
247	100.6675
248	100.6647
249	100.6531
250	100.6488
251	100.6504
252	100.6744
253	100.6049
254	100.5992
255	100.5343
256	100.5501
257	100.5588
258	100.5606
259	100.5199
260	100.5415
261	100.5385
262	100.5817
263	100.6043
264	100.6296
265	100.6237
266	100.6822
267	100.7248
268	100.7278
269	100.7956
270	100.788
271	100.7633
272	100.6954
273	100.7179
274	100.7055
275	100.706
276	100.6954
277	100.6278
278	100.686
279	100.6824
280	100.7594
281	100.7397
282	100.6801
283	100.6149
284	100.6129
285	100.6451
286	100.6254
287	100.6756
288	100.6558
289	100.7078
290	100.6999
291	100.7391
292	100.7148
293	100.6884
294	100.6619
295	100.7016
296	100.7166
297	100.7711
298	100.7524
299	100.6474
300	100.7449
301	100.7853
302	100.7755
303	100.7283
304	100.7905
305	100.6761
306	100.7101
307	100.6816
308	100.5354
309	100.5165
310	100.5474
311	100.5983
312	100.5944
313	100.6672
314	100.6543
315	100.6055
316	100.6339
317	100.6171
318	100.51
319	100.5259
320	100.5619
321	100.5828
322	100.5801
323	100.6097
324	100.6174
325	100.5907
326	100.5633
327	100.5774
328	100.6516
329	100.6202
330	100.6323
331	100.7221
332	100.6889
333	100.6113
334	100.4919
335	100.492
336	100.4047
337	100.3971
338	100.3924
339	100.38
340	100.359
341	100.3924
342	100.4244
343	100.4968
344	100.4968
345	100.5247
346	100.4896
347	100.4747
348	100.4687
349	100.493
350	100.4499
351	100.5219
352	100.5404
353	100.556
354	100.48
355	100.5115
356	100.5173
357	100.5451
358	100.5279
359	100.4564
360	100.4386
361	100.423
362	100.444
363	100.4552
364	100.3688
365	100.3073
366	100.3618

USDCNH average seasonal curve, 2012 to 2025

Index

Value

100

100.0228

100.041

99.9775

99.888

99.9311

99.8928

99.894

99.8714

99.8613

99.7092

99.5869

99.5263

99.5538

99.5724

99.6342

99.6079

99.6303

99.589

99.5332

99.5771

99.6243

99.5914

99.5559

99.5203

99.5322

99.6186

99.595

99.5527

99.5761

99.5592

99.5821

99.6181

99.607

99.6025

99.5584

99.5073

99.5988

99.6539

99.5942

99.5936

99.5665

99.5453

99.5614

99.5103

99.466

99.5101

99.5431

99.5786

99.6075

99.6133

99.6544

99.6373

99.6461

99.6564

99.676

99.6518

99.6911

99.6782

99.6746

99.7232

99.7071

99.6608

99.6293

99.6653

99.6842

99.7392

99.6727

99.6658

99.6622

99.6123

99.667

99.7145

99.6959

99.6793

99.6447

99.6679

99.6795

99.7644

99.7284

99.7611

99.7894

99.81

99.8242

99.8146

99.8183

99.8534

99.8578

99.7985

99.7479

99.7327

99.8382

99.7666

99.7953

99.814

99.8112

99.7851

99.816

99.7903

100

99.7374

101

99.7433

102

99.6947

103

99.6863

104

99.7214

105

99.7034

106

99.6914

107

99.6799

108

99.6861

109

99.7267

110

99.7212

111

99.774

112

99.8578

113

99.8788

114

99.8921

115

99.9836

116

99.9835

117

99.9993

118

100.0264

119

99.9851

120

99.9639

121

100.0329

122

100.0294

123

99.9473

124

99.9559

125

100.0572

126

100.007

127

100.0135

128

100.0149

129

100.0779

130

100.0799

131

100.1082

132

100.1685

133

100.1827

134

100.1832

135

100.2087

136

100.2359

137

100.2253

138

100.2757

139

100.2375

140

100.1814

141

100.1667

142

100.198

143

100.1852

144

100.1549

145

100.2136

146

100.1897

147

100.1611

148

100.2196

149

100.2273

150

100.1891

151

100.1689

152

100.2025

153

100.171

154

100.1465

155

100.1021

156

100.098

157

100.0757

158

100.1493

159

100.1798

160

100.1563

161

100.2004

162

100.2049

163

100.2313

164

100.2416

165

100.253

166

100.207

167

100.2127

168

100.2794

169

100.2811

170

100.3263

171

100.2823

172

100.3224

173

100.3739

174

100.3593

175

100.3992

176

100.451

177

100.5189

178

100.4966

179

100.5502

180

100.544

181

100.4441

182

100.4826

183

100.5515

184

100.5507

185

100.487

186

100.5476

187

100.5833

188

100.5305

189

100.5466

190

100.4708

191

100.5143

192

100.5584

193

100.4925

194

100.5059

195

100.4909

196

100.5064

197

100.5053

198

100.5641

199

100.5364

200

100.6151

201

100.594

202

100.5407

203

100.5192

204

100.598

205

100.5863

206

100.5058

207

100.5494

208

100.5803

209

100.5217

210

100.5208

211

100.5056

212

100.4935

213

100.5559

214

100.6352

215

100.5086

216

100.5108

217

100.5992

218

100.5557

219

100.5433

220

100.5869

221

100.5996

222

100.5721

223

100.7258

224

100.7745

225

100.7152

226

100.7396

227

100.862

228

100.8092

229

100.7354

230

100.7322

231

100.7853

232

100.7739

233

100.736

234

100.8205

235

100.8404

236

100.8099

237

100.8062

238

100.7996

239

100.7681

240

100.7665

241

100.7302

242

100.7434

243

100.6771

244

100.6394

245

100.6758

246

100.6612

247

100.6675

248

100.6647

249

100.6531

250

100.6488

251

100.6504

252

100.6744

253

100.6049

254

100.5992

255

100.5343

256

100.5501

257

100.5588

258

100.5606

259

100.5199

260

100.5415

261

100.5385

262

100.5817

263

100.6043

264

100.6296

265

100.6237

266

100.6822

267

100.7248

268

100.7278

269

100.7956

270

100.788

271

100.7633

272

100.6954

273

100.7179

274

100.7055

275

100.706

276

100.6954

277

100.6278

278

100.686

279

100.6824

280

100.7594

281

100.7397

282

100.6801

283

100.6149

284

100.6129

285

100.6451

286

100.6254

287

100.6756

288

100.6558

289

100.7078

290

100.6999

291

100.7391

292

100.7148

293

100.6884

294

100.6619

295

100.7016

296

100.7166

297

100.7711

298

100.7524

299

100.6474

300

100.7449

301

100.7853

302

100.7755

303

100.7283

304

100.7905

305

100.6761

306

100.7101

307

100.6816

308

100.5354

309

100.5165

310

100.5474

311

100.5983

312

100.5944

313

100.6672

314

100.6543

315

100.6055

316

100.6339

317

100.6171

318

100.51

319

100.5259

320

100.5619

321

100.5828

322

100.5801

323

100.6097

324

100.6174

325

100.5907

326

100.5633

327

100.5774

328

100.6516

329

100.6202

330

100.6323

331

100.7221

332

100.6889

333

100.6113

334

100.4919

335

100.492

336

100.4047

337

100.3971

338

100.3924

339

100.38

340

100.359

341

100.3924

342

100.4244

343

100.4968

344

100.4968

345

100.5247

346

100.4896

347

100.4747

348

100.4687

349

100.493

350

100.4499

351

100.5219

352

100.5404

353

100.556

354

100.48

355

100.5115

356

100.5173

357

100.5451

358

100.5279

359

100.4564

360

100.4386

361

100.423

362

100.444

363

100.4552

364

100.3688

365

100.3073

366

100.3618