2023 HTG to SBD Historical Review

YEARLY HIGH

0.0643 SBD

YEARLY LOW

0.0530 SBD

YEARLY AVERAGE

0.0591 SBD

2023 HTG to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0643. Conversely, the yearly low was recorded on April 18, dropping to 0.0530.

This high-to-low spread represents a total annual volatility of 0.0114 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0557 to the December average rate of 0.0640, the exchange rate registered a net change of 14.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0643 was down 21.37% compared to the 2022 peak of 0.0818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 322 SBD

2022 Average 350 SBD

Yearly Trough Low 265 SBD

Transaction Impact: A difference of 56.88 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0650

0.0524

JanuMarcMayJulySeptNove

HTG to SBD 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 0.0558, compared to 0.0625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0558

H2 Avg (Jul–Dec) 0.0625

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0058 SBD (High: 0.0596 / Low: 0.0537). On the other end, December was the most stable month, with a tight range of 0.0006 SBD (High: 0.0642 / Low: 0.0636).

May Spread (Volatile) ±0.0058

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0012 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0637) against the same month in 2022 (average: 0.0609), the exchange rate shifted by +0.0028 (+4.54%).

2023 Avg (November) 0.0637

2022 Avg (November) 0.0609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0561	0.0549	0.0557
February	0.0555	0.0542	0.0548
March	0.0547	0.0530	0.0536
April	0.0548	0.0530	0.0535
May	0.0596	0.0537	0.0573
June	0.0604	0.0591	0.0599
July	0.0615	0.0601	0.0608
August	0.0618	0.0611	0.0615
September	0.0625	0.0617	0.0621
October	0.0636	0.0617	0.0630
November	0.0643	0.0632	0.0637
December	0.0642	0.0636	0.0640