2023 CAD to SVC Historical Review

YEARLY HIGH

6.6714 SVC

YEARLY LOW

6.2648 SVC

YEARLY AVERAGE

6.4793 SVC

2023 CAD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 6.6714. Conversely, the yearly low was recorded on March 18, dropping to 6.2648.

This high-to-low spread represents a total annual volatility of 0.4065 SVC. From a start-to-finish perspective, comparing the January average rate of 6.5204 to the December average rate of 6.5320, the exchange rate registered a net change of 0.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.6714 was down 5.08% compared to the 2022 peak of 7.0283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,357 SVC

2022 Average 33,636 SVC

Yearly Trough Low 31,324 SVC

Transaction Impact: A difference of 2,032.72 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.6290

6.3528

JanuMarcMayJulySeptNove

CAD 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 6.4861, compared to 6.4725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 6.4861

H2 Avg (Jul–Dec) 6.4725

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2106 SVC (High: 6.6473 / Low: 6.4367). On the other end, September was the most stable month, with a tight range of 0.1166 SVC (High: 6.5092 / Low: 6.3926).

December Spread (Volatile) ±0.2106

September Spread (Stable) ±0.1166

Growth Streaks & Declines

Trends

Between May and July, 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 February and March, when the average rate fell by 0.1256 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 6.6059) against the same month in 2022 (average: 6.7671), the exchange rate shifted by -0.1612 (-2.38%).

2023 Avg (July) 6.6059

2022 Avg (July) 6.7671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5792	6.3988	6.5204
February	6.5913	6.4114	6.5028
March	6.4712	6.2648	6.3773
April	6.5572	6.3673	6.4668
May	6.5478	6.3861	6.4649
June	6.6554	6.4942	6.5841
July	6.6714	6.5385	6.6059
August	6.5955	6.4252	6.4888
September	6.5092	6.3926	6.4560
October	6.4600	6.2890	6.3762
November	6.4552	6.3169	6.3759
December	6.6473	6.4367	6.5320