YEARLY HIGH
0.0647 GBP
YEARLY LOW
0.0544 GBP
YEARLY AVERAGE
0.0599 GBP

2023 SCR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0647. Conversely, the yearly low was recorded on July 13, dropping to 0.0544.

This high-to-low spread represents a total annual volatility of 0.0103 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0604 to the December average rate of 0.0588, the exchange rate registered a net change of -2.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0647 was down 9.89% compared to the 2022 peak of 0.0718, 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 323 GBP
2022 Average 300 GBP
Yearly Trough Low 272 GBP
Transaction Impact: A difference of 51.48 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0621
0.0574
JanuMarcMayJulySeptNove

SCR to GBP 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 0.0599, compared to 0.0599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0599
H2 Avg (Jul–Dec) 0.0599

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0073 GBP (High: 0.0642 / Low: 0.0569). On the other end, August was the most stable month, with a tight range of 0.0024 GBP (High: 0.0600 / Low: 0.0576).

January Spread (Volatile) ±0.0073
August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0617) against the same month in 2022 (average: 0.0663), the exchange rate shifted by -0.0046 (-7.01%).

2023 Avg (October) 0.0617
2022 Avg (October) 0.0663

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0642 0.0569 0.0604
February 0.0643 0.0573 0.0612
March 0.0638 0.0582 0.0612
April 0.0623 0.0570 0.0595
May 0.0614 0.0568 0.0594
June 0.0610 0.0554 0.0578
July 0.0602 0.0544 0.0581
August 0.0600 0.0576 0.0589
September 0.0637 0.0592 0.0615
October 0.0647 0.0593 0.0617
November 0.0626 0.0573 0.0603
December 0.0617 0.0562 0.0588