2023 SCR to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SCR to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SCR to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 13.9805. Conversely, the yearly low was recorded on July 12, dropping to 12.4785.
This high-to-low spread represents a total annual volatility of 1.5019 DJF. From a start-to-finish perspective, comparing the January average rate of 13.1319 to the December average rate of 13.2606, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 13.9805 was down 0.25% compared to the 2022 peak of 14.0159, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SCR to DJF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.1339, compared to 13.3442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2103 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.2075 DJF (High: 13.7727 / Low: 12.5652). On the other end, August was the most stable month, with a tight range of 0.5083 DJF (High: 13.5404 / Low: 13.0321).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.1998 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 13.5504) against the same month in 2022 (average: 13.2783), the exchange rate shifted by +0.2721 (+2.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.7727 | 12.5652 | 13.1319 |
| February | 13.6553 | 12.5533 | 13.1409 |
| March | 13.6699 | 12.6354 | 13.2057 |
| April | 13.7961 | 12.6612 | 13.1530 |
| May | 13.5466 | 12.6488 | 13.1795 |
| June | 13.5360 | 12.5453 | 12.9922 |
| July | 13.6601 | 12.4785 | 13.2986 |
| August | 13.5404 | 13.0321 | 13.3045 |
| September | 13.9805 | 13.0581 | 13.5504 |
| October | 13.9730 | 12.9125 | 13.3506 |
| November | 13.6378 | 12.9332 | 13.3003 |
| December | 13.8102 | 12.7163 | 13.2606 |