In space based quantum key distribution (QKD) protocols, the quantum channel will be dynamic in nature and the channel loss will change with respect to the zenith angle. In the context of continuous variable (CV)-QKD, this will cause issues with parameter estimation and for a transmitted local oscillator in particular it will also fluctuate the shot noise. Therefore, it is vital to characterise this channel loss and the sources of this loss. In this paper the varying channel loss is characterised under practical assumptions. This is shown for various different scenarios, turbulence strengths, as well as wavelengths. This work shows, for the channel parameters considered, it is possible to generate a positive secret key if restricted Eve security assumptions are made.

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