YEARLY HIGH
0.6623 SBD
YEARLY LOW
0.5796 SBD
YEARLY AVERAGE
0.6213 SBD

2023 SCR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.6623. Conversely, the yearly low was recorded on February 13, dropping to 0.5796.

This high-to-low spread represents a total annual volatility of 0.0827 SBD. From a start-to-finish perspective, comparing the January average rate of 0.6106 to the December average rate of 0.6297, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6623 was up 1.92% compared to the 2022 peak of 0.6498, 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 3,312 SBD
2022 Average 3,006 SBD
Yearly Trough Low 2,898 SBD
Transaction Impact: A difference of 413.38 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6425
0.6048
JanuMarcMayJulySeptNove

SCR to SBD 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 0.6116, compared to 0.6310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.6116
H2 Avg (Jul–Dec) 0.6310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0602 SBD (High: 0.6499 / Low: 0.5896). On the other end, August was the most stable month, with a tight range of 0.0239 SBD (High: 0.6364 / Low: 0.6125).

July Spread (Volatile) ±0.0602
August Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0085 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6330) against the same month in 2022 (average: 0.6119), the exchange rate shifted by +0.0212 (+3.46%).

2023 Avg (October) 0.6330
2022 Avg (October) 0.6119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6411 0.5822 0.6106
February 0.6328 0.5796 0.6079
March 0.6329 0.5849 0.6117
April 0.6400 0.5896 0.6140
May 0.6348 0.5919 0.6170
June 0.6347 0.5880 0.6085
July 0.6499 0.5896 0.6262
August 0.6364 0.6125 0.6258
September 0.6611 0.6158 0.6394
October 0.6623 0.6066 0.6330
November 0.6494 0.6174 0.6317
December 0.6563 0.6037 0.6297