YEARLY HIGH
0.2123 XCD
YEARLY LOW
0.1907 XCD
YEARLY AVERAGE
0.2012 XCD

2023 SCR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.2123. Conversely, the yearly low was recorded on July 21, dropping to 0.1907.

This high-to-low spread represents a total annual volatility of 0.0216 XCD. From a start-to-finish perspective, comparing the January average rate of 0.1997 to the December average rate of 0.2012, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2123 was down 0.50% compared to the 2022 peak of 0.2134, 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 1,062 XCD
2022 Average 998 XCD
Yearly Trough Low 954 XCD
Transaction Impact: A difference of 107.91 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2066
0.1964
JanuMarcMayJulySeptNove

SCR to XCD 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 0.1996, compared to 0.2028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.1996
H2 Avg (Jul–Dec) 0.2028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0183 XCD (High: 0.2093 / Low: 0.1910). On the other end, August was the most stable month, with a tight range of 0.0077 XCD (High: 0.2055 / Low: 0.1978).

January Spread (Volatile) ±0.0183
August Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0030 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2057) against the same month in 2022 (average: 0.2016), the exchange rate shifted by +0.0041 (+2.04%).

2023 Avg (September) 0.2057
2022 Avg (September) 0.2016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2093 0.1910 0.1997
February 0.2075 0.1908 0.1995
March 0.2077 0.1920 0.2009
April 0.2093 0.1924 0.2001
May 0.2059 0.1921 0.2003
June 0.2059 0.1908 0.1973
July 0.2076 0.1907 0.2023
August 0.2055 0.1978 0.2021
September 0.2123 0.1984 0.2057
October 0.2121 0.1956 0.2029
November 0.2073 0.1969 0.2023
December 0.2093 0.1933 0.2012