YEARLY HIGH
0.0665 SVC
YEARLY LOW
0.0560 SVC
YEARLY AVERAGE
0.0619 SVC

2023 HTG to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0665. Conversely, the yearly low was recorded on April 15, dropping to 0.0560.

This high-to-low spread represents a total annual volatility of 0.0105 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0589 to the December average rate of 0.0662, the exchange rate registered a net change of 12.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0665 was down 24.90% compared to the 2022 peak of 0.0886, 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 333 SVC
2022 Average 377 SVC
Yearly Trough Low 280 SVC
Transaction Impact: A difference of 52.62 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0672
0.0554
JanuMarcMayJulySeptNove

HTG 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 0.0589, compared to 0.0650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.0589
H2 Avg (Jul–Dec) 0.0650

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0060 SVC (High: 0.0625 / Low: 0.0565). On the other end, November was the most stable month, with a tight range of 0.0004 SVC (High: 0.0661 / Low: 0.0657).

May Spread (Volatile) ±0.0060
November Spread (Stable) ±0.0004

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 0.0014 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0662) against the same month in 2022 (average: 0.0605), the exchange rate shifted by +0.0058 (+9.54%).

2023 Avg (December) 0.0662
2022 Avg (December) 0.0605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0593 0.0585 0.0589
February 0.0586 0.0578 0.0583
March 0.0580 0.0563 0.0569
April 0.0568 0.0560 0.0564
May 0.0625 0.0565 0.0602
June 0.0632 0.0621 0.0628
July 0.0641 0.0628 0.0635
August 0.0646 0.0637 0.0643
September 0.0651 0.0641 0.0647
October 0.0659 0.0646 0.0653
November 0.0661 0.0657 0.0660
December 0.0665 0.0661 0.0662