2023 SBD to CAD Historical Review

YEARLY HIGH

0.1690 CAD

YEARLY LOW

0.1564 CAD

YEARLY AVERAGE

0.1618 CAD

2023 SBD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.1690. Conversely, the yearly low was recorded on December 26, dropping to 0.1564.

This high-to-low spread represents a total annual volatility of 0.0127 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1624 to the December average rate of 0.1586, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1690 was down 0.72% compared to the 2022 peak of 0.1703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 845 CAD

2022 Average 800 CAD

Yearly Trough Low 782 CAD

Transaction Impact: A difference of 63.37 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1673

0.1573

JanuMarcMayJulySeptNove

SBD to CAD 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 0.1629, compared to 0.1607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1629

H2 Avg (Jul–Dec) 0.1607

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0049 CAD (High: 0.1690 / Low: 0.1641). On the other end, July was the most stable month, with a tight range of 0.0027 CAD (High: 0.1593 / Low: 0.1567).

March Spread (Volatile) ±0.0049

July Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1665) against the same month in 2022 (average: 0.1572), the exchange rate shifted by +0.0093 (+5.90%).

2023 Avg (March) 0.1665

2022 Avg (March) 0.1572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1654	0.1613	0.1624
February	0.1658	0.1610	0.1635
March	0.1690	0.1641	0.1665
April	0.1648	0.1610	0.1630
May	0.1641	0.1605	0.1625
June	0.1613	0.1578	0.1594
July	0.1593	0.1567	0.1582
August	0.1626	0.1586	0.1611
September	0.1630	0.1597	0.1613
October	0.1646	0.1602	0.1626
November	0.1648	0.1600	0.1625
December	0.1607	0.1564	0.1586