2023 BND to SVC Historical Review

YEARLY HIGH

6.6981 SVC

YEARLY LOW

6.3641 SVC

YEARLY AVERAGE

6.5155 SVC

2023 BND to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 6.6981. Conversely, the yearly low was recorded on October 3, dropping to 6.3641.

This high-to-low spread represents a total annual volatility of 0.3341 SVC. From a start-to-finish perspective, comparing the January average rate of 6.5947 to the December average rate of 6.5746, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.6981 was up 2.71% compared to the 2022 peak of 6.5215, 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 33,491 SVC

2022 Average 31,742 SVC

Yearly Trough Low 31,820 SVC

Transaction Impact: A difference of 1,670.27 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.6153

6.3676

JanuMarcMayJulySeptNove

BND to SVC 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 6.5486, compared to 6.4824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0662 points.

H1 Avg (Jan–Jun) 6.5486

H2 Avg (Jul–Dec) 6.4824

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2121 SVC (High: 6.6981 / Low: 6.4861). On the other end, April was the most stable month, with a tight range of 0.0581 SVC (High: 6.6024 / Low: 6.5443).

February Spread (Volatile) ±0.2121

April Spread (Stable) ±0.0581

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0705 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 6.5708) against the same month in 2022 (average: 6.4981), the exchange rate shifted by +0.0727 (+1.12%).

2023 Avg (February) 6.5708

2022 Avg (February) 6.4981

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6720	6.4908	6.5947
February	6.6981	6.4861	6.5708
March	6.5951	6.4585	6.5213
April	6.6024	6.5443	6.5712
May	6.6066	6.4566	6.5326
June	6.5466	6.4440	6.5010
July	6.6262	6.4440	6.5494
August	6.5623	6.4396	6.4789
September	6.4807	6.3834	6.4214
October	6.4238	6.3641	6.3882
November	6.5686	6.3813	6.4818
December	6.6466	6.5132	6.5746