2023 CVE to SVC Historical Review

YEARLY HIGH

0.0893 SVC

YEARLY LOW

0.0829 SVC

YEARLY AVERAGE

0.0857 SVC

2023 CVE to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0893. Conversely, the yearly low was recorded on October 6, dropping to 0.0829.

This high-to-low spread represents a total annual volatility of 0.0064 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0854 to the December average rate of 0.0866, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0893 was down 1.52% compared to the 2022 peak of 0.0907, 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 447 SVC

2022 Average 417 SVC

Yearly Trough Low 414 SVC

Transaction Impact: A difference of 32.25 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0879

0.0833

JanuMarcMayJulySeptNove

CVE 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 0.0856, compared to 0.0858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0856

H2 Avg (Jul–Dec) 0.0858

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0037 SVC (High: 0.0870 / Low: 0.0833). On the other end, October was the most stable month, with a tight range of 0.0015 SVC (High: 0.0844 / Low: 0.0829).

November Spread (Volatile) ±0.0037

October Spread (Stable) ±0.0015

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 August and September, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0876) against the same month in 2022 (average: 0.0813), the exchange rate shifted by +0.0062 (+7.63%).

2023 Avg (July) 0.0876

2022 Avg (July) 0.0813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0864	0.0835	0.0854
February	0.0867	0.0838	0.0849
March	0.0863	0.0836	0.0848
April	0.0878	0.0860	0.0868
May	0.0874	0.0847	0.0860
June	0.0869	0.0835	0.0857
July	0.0893	0.0861	0.0876
August	0.0875	0.0857	0.0865
September	0.0861	0.0835	0.0847
October	0.0844	0.0829	0.0837
November	0.0870	0.0833	0.0855
December	0.0881	0.0846	0.0866