YEARLY HIGH
10.7756 SCR
YEARLY LOW
9.2896 SCR
YEARLY AVERAGE
10.0142 SCR

2023 BND to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 10.7756. Conversely, the yearly low was recorded on October 26, dropping to 9.2896.

This high-to-low spread represents a total annual volatility of 1.4860 SCR. From a start-to-finish perspective, comparing the January average rate of 10.2099 to the December average rate of 10.0845, the exchange rate registered a net change of -1.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.7756 was down 3.00% compared to the 2022 peak of 11.1085, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,878 SCR
2022 Average 49,204 SCR
Yearly Trough Low 46,448 SCR
Transaction Impact: A difference of 7,430.23 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.2662
9.5901
JanuMarcMayJulySeptNove

BND 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 10.1458, compared to 9.8826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2631 points.

H1 Avg (Jan–Jun) 10.1458
H2 Avg (Jul–Dec) 9.8826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.1517 SCR (High: 10.7756 / Low: 9.6239). On the other end, August was the most stable month, with a tight range of 0.3493 SCR (High: 10.0811 / Low: 9.7318).

January Spread (Volatile) ±1.1517
August Spread (Stable) ±0.3493

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 August and September, when the average rate fell by 0.2556 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 10.2099) against the same month in 2022 (average: 10.1995), the exchange rate shifted by +0.0104 (+0.10%).

2023 Avg (January) 10.2099
2022 Avg (January) 10.1995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7756 9.6239 10.2099
February 10.7304 9.6531 10.1821
March 10.4925 9.6685 10.0497
April 10.5756 9.6876 10.1613
May 10.5171 9.7152 10.0859
June 10.5422 9.7072 10.1857
July 10.6582 9.6763 10.0168
August 10.0811 9.7318 9.9021
September 9.9885 9.3333 9.6464
October 10.1241 9.2896 9.7379
November 10.2776 9.6237 9.9080
December 10.5426 9.6271 10.0845