YEARLY HIGH
0.0909 SCR
YEARLY LOW
0.0681 SCR
YEARLY AVERAGE
0.0774 SCR

2023 LRD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0909. Conversely, the yearly low was recorded on October 26, dropping to 0.0681.

This high-to-low spread represents a total annual volatility of 0.0228 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0872 to the December average rate of 0.0714, the exchange rate registered a net change of -18.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0909 was down 11.04% compared to the 2022 peak of 0.1022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 455 SCR
2022 Average 444 SCR
Yearly Trough Low 341 SCR
Transaction Impact: A difference of 113.80 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0888
0.0689
JanuMarcMayJulySeptNove

LRD 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 0.0834, compared to 0.0715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.0834
H2 Avg (Jul–Dec) 0.0715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0100 SCR (High: 0.0829 / Low: 0.0729). On the other end, August was the most stable month, with a tight range of 0.0028 SCR (High: 0.0734 / Low: 0.0705).

June Spread (Volatile) ±0.0100
August Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0058 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0872) against the same month in 2022 (average: 0.0923), the exchange rate shifted by -0.0051 (-5.51%).

2023 Avg (January) 0.0872
2022 Avg (January) 0.0923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0909 0.0836 0.0872
February 0.0901 0.0820 0.0867
March 0.0879 0.0802 0.0844
April 0.0864 0.0792 0.0829
May 0.0841 0.0780 0.0809
June 0.0829 0.0729 0.0785
July 0.0770 0.0705 0.0728
August 0.0734 0.0705 0.0718
September 0.0731 0.0683 0.0705
October 0.0740 0.0681 0.0713
November 0.0730 0.0694 0.0711
December 0.0742 0.0686 0.0714