2023 SCR to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SCR to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SCR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 47.1744. Conversely, the yearly low was recorded on January 23, dropping to 40.8318.
This high-to-low spread represents a total annual volatility of 6.3426 SDG. From a start-to-finish perspective, comparing the January average rate of 42.6131 to the December average rate of 44.7489, the exchange rate registered a net change of 5.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 47.1744 was up 3.96% compared to the 2022 peak of 45.3776, 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 SDG 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 43.7181, compared to 45.0672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3491 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 4.9550 SDG (High: 46.0912 / Low: 41.1361). On the other end, August was the most stable month, with a tight range of 1.7512 SDG (High: 45.7373 / Low: 43.9861).
Growth Streaks & Declines
TrendsBetween January and May, 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 September and October, when the average rate fell by 0.6607 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 45.7681) against the same month in 2022 (average: 43.0578), the exchange rate shifted by +2.7104 (+6.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.2770 | 40.8318 | 42.6131 |
| February | 45.2672 | 41.2613 | 43.2371 |
| March | 45.6616 | 42.1978 | 43.8288 |
| April | 46.4586 | 42.6428 | 44.2699 |
| May | 45.7786 | 42.6810 | 44.4697 |
| June | 45.8278 | 42.4739 | 43.8900 |
| July | 46.1192 | 42.4355 | 44.9908 |
| August | 45.7373 | 43.9861 | 44.9704 |
| September | 47.1744 | 44.0901 | 45.7681 |
| October | 47.1618 | 43.5246 | 45.1074 |
| November | 46.0912 | 41.1361 | 44.8176 |
| December | 46.5482 | 42.9928 | 44.7489 |