2023 SBD to TOP Historical Review

YEARLY HIGH

0.2890 TOP

YEARLY LOW

0.2764 TOP

YEARLY AVERAGE

0.2830 TOP

2023 SBD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 0.2890. Conversely, the yearly low was recorded on December 27, dropping to 0.2764.

This high-to-low spread represents a total annual volatility of 0.0126 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2819 to the December average rate of 0.2778, the exchange rate registered a net change of -1.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2890 was down 4.00% compared to the 2022 peak of 0.3010, 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 1,445 TOP

2022 Average 1,432 TOP

Yearly Trough Low 1,382 TOP

Transaction Impact: A difference of 63.07 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2875

0.2770

JanuMarcMayJulySeptNove

SBD to TOP 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 0.2837, compared to 0.2824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2837

H2 Avg (Jul–Dec) 0.2824

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0077 TOP (High: 0.2858 / Low: 0.2781). On the other end, September was the most stable month, with a tight range of 0.0023 TOP (High: 0.2858 / Low: 0.2835).

November Spread (Volatile) ±0.0077

September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2866) against the same month in 2022 (average: 0.2814), the exchange rate shifted by +0.0052 (+1.85%).

2023 Avg (March) 0.2866

2022 Avg (March) 0.2814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2848	0.2801	0.2819
February	0.2869	0.2809	0.2839
March	0.2890	0.2844	0.2866
April	0.2855	0.2824	0.2838
May	0.2858	0.2809	0.2833
June	0.2857	0.2805	0.2829
July	0.2844	0.2771	0.2807
August	0.2862	0.2808	0.2842
September	0.2858	0.2835	0.2847
October	0.2862	0.2819	0.2843
November	0.2858	0.2781	0.2825
December	0.2797	0.2764	0.2778