YEARLY HIGH
1.0773 SVC
YEARLY LOW
1.0269 SVC
YEARLY AVERAGE
1.0481 SVC

2023 SBD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.0773. Conversely, the yearly low was recorded on November 26, dropping to 1.0269.

This high-to-low spread represents a total annual volatility of 0.0505 SVC. From a start-to-finish perspective, comparing the January average rate of 1.0588 to the December average rate of 1.0357, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0773 was down 2.52% compared to the 2022 peak of 1.1052, 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 5,387 SVC
2022 Average 5,377 SVC
Yearly Trough Low 5,134 SVC
Transaction Impact: A difference of 252.43 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0656
1.0330
JanuMarcMayJulySeptNove

SBD 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 1.0562, compared to 1.0400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 1.0562
H2 Avg (Jul–Dec) 1.0400

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0248 SVC (High: 1.0773 / Low: 1.0526). On the other end, June was the most stable month, with a tight range of 0.0079 SVC (High: 1.0530 / Low: 1.0451).

February Spread (Volatile) ±0.0248
June Spread (Stable) ±0.0079

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 March and April, when the average rate fell by 0.0076 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.0628) against the same month in 2022 (average: 1.0816), the exchange rate shifted by -0.0188 (-1.74%).

2023 Avg (February) 1.0628
2022 Avg (February) 1.0816

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0657 1.0508 1.0588
February 1.0773 1.0526 1.0628
March 1.0680 1.0521 1.0616
April 1.0606 1.0360 1.0541
May 1.0543 1.0462 1.0504
June 1.0530 1.0451 1.0495
July 1.0504 1.0305 1.0447
August 1.0495 1.0388 1.0455
September 1.0471 1.0348 1.0415
October 1.0459 1.0278 1.0368
November 1.0426 1.0269 1.0359
December 1.0436 1.0308 1.0357