YEARLY HIGH
0.1076 BND
YEARLY LOW
0.0928 BND
YEARLY AVERAGE
0.1000 BND

2023 SCR to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.1076. Conversely, the yearly low was recorded on January 26, dropping to 0.0928.

This high-to-low spread represents a total annual volatility of 0.0148 BND. From a start-to-finish perspective, comparing the January average rate of 0.0981 to the December average rate of 0.0992, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1076 was down 2.59% compared to the 2022 peak of 0.1105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 538 BND
2022 Average 509 BND
Yearly Trough Low 464 BND
Transaction Impact: A difference of 74.23 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1043
0.0975
JanuMarcMayJulySeptNove

SCR to BND 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 0.0987, compared to 0.1012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0987
H2 Avg (Jul–Dec) 0.1012

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0111 BND (High: 0.1039 / Low: 0.0928). On the other end, August was the most stable month, with a tight range of 0.0036 BND (High: 0.1028 / Low: 0.0992).

January Spread (Volatile) ±0.0111
August Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1027) against the same month in 2022 (average: 0.1068), the exchange rate shifted by -0.0041 (-3.84%).

2023 Avg (October) 0.1027
2022 Avg (October) 0.1068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1039 0.0928 0.0981
February 0.1036 0.0932 0.0983
March 0.1034 0.0953 0.0996
April 0.1032 0.0946 0.0985
May 0.1029 0.0951 0.0992
June 0.1030 0.0949 0.0982
July 0.1033 0.0938 0.0999
August 0.1028 0.0992 0.1010
September 0.1071 0.1001 0.1037
October 0.1076 0.0988 0.1027
November 0.1039 0.0973 0.1010
December 0.1039 0.0949 0.0992