YEARLY HIGH
14.1697 SCR
YEARLY LOW
12.7294 SCR
YEARLY AVERAGE
13.4412 SCR

2023 BMD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 14.1697. Conversely, the yearly low was recorded on September 20, dropping to 12.7294.

This high-to-low spread represents a total annual volatility of 1.4404 SCR. From a start-to-finish perspective, comparing the January average rate of 13.5449 to the December average rate of 13.4346, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.1697 was down 5.56% compared to the 2022 peak of 15.0036, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,849 SCR
2022 Average 67,802 SCR
Yearly Trough Low 63,647 SCR
Transaction Impact: A difference of 7,201.76 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.7633
13.0849
JanuMarcMayJulySeptNove

BMD to SCR 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 13.5488, compared to 13.3337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2151 points.

H1 Avg (Jan–Jun) 13.5488
H2 Avg (Jul–Dec) 13.3337

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.2356 SCR (High: 14.1472 / Low: 12.9117). On the other end, August was the most stable month, with a tight range of 0.5122 SCR (High: 13.6634 / Low: 13.1512).

January Spread (Volatile) ±1.2356
August Spread (Stable) ±0.5122

Growth Streaks & Declines

Trends

Between September and December, 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 0.3407 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 13.3661) against the same month in 2022 (average: 13.2606), the exchange rate shifted by +0.1054 (+0.80%).

2023 Avg (July) 13.3661
2022 Avg (July) 13.2606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1472 12.9117 13.5449
February 14.1658 13.0227 13.5588
March 14.0766 13.0087 13.4640
April 14.0432 12.9147 13.5156
May 14.0695 13.1284 13.5027
June 14.1617 13.1252 13.7068
July 14.1697 13.0206 13.3661
August 13.6634 13.1512 13.3729
September 13.6200 12.7294 13.1415
October 13.8198 12.7434 13.3283
November 13.7259 13.0394 13.3589
December 13.9791 12.9114 13.4346