2023 CVE to SCR Historical Review

YEARLY HIGH

0.1429 SCR

YEARLY LOW

0.1216 SCR

YEARLY AVERAGE

0.1317 SCR

2023 CVE to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.1429. Conversely, the yearly low was recorded on October 6, dropping to 0.1216.

This high-to-low spread represents a total annual volatility of 0.0213 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1322 to the December average rate of 0.1328, the exchange rate registered a net change of 0.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1429 was down 7.51% compared to the 2022 peak of 0.1545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 715 SCR

2022 Average 647 SCR

Yearly Trough Low 608 SCR

Transaction Impact: A difference of 106.58 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1351

0.1265

JanuMarcMayJulySeptNove

CVE 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 0.1326, compared to 0.1307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1326

H2 Avg (Jul–Dec) 0.1307

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0149 SCR (High: 0.1395 / Low: 0.1247). On the other end, August was the most stable month, with a tight range of 0.0059 SCR (High: 0.1352 / Low: 0.1293).

January Spread (Volatile) ±0.0149

August Spread (Stable) ±0.0059

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 0.0050 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1339) against the same month in 2022 (average: 0.1233), the exchange rate shifted by +0.0106 (+8.59%).

2023 Avg (July) 0.1339

2022 Avg (July) 0.1233

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1395	0.1247	0.1322
February	0.1392	0.1247	0.1316
March	0.1371	0.1257	0.1306
April	0.1394	0.1283	0.1342
May	0.1391	0.1275	0.1328
June	0.1401	0.1277	0.1343
July	0.1429	0.1288	0.1339
August	0.1352	0.1293	0.1323
September	0.1319	0.1235	0.1273
October	0.1325	0.1216	0.1276
November	0.1364	0.1266	0.1307
December	0.1395	0.1260	0.1328