YEARLY HIGH
0.0598 XDR
YEARLY LOW
0.0521 XDR
YEARLY AVERAGE
0.0558 XDR

2023 SCR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 0.0598. Conversely, the yearly low was recorded on July 21, dropping to 0.0521.

This high-to-low spread represents a total annual volatility of 0.0077 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0550 to the December average rate of 0.0558, the exchange rate registered a net change of 1.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0598 was up 0.69% compared to the 2022 peak of 0.0594, 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 299 XDR
2022 Average 269 XDR
Yearly Trough Low 261 XDR
Transaction Impact: A difference of 38.64 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0579
0.0544
JanuMarcMayJulySeptNove

SCR to XDR 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 0.0551, compared to 0.0565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0551
H2 Avg (Jul–Dec) 0.0565

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0057 XDR (High: 0.0580 / Low: 0.0523). On the other end, August was the most stable month, with a tight range of 0.0023 XDR (High: 0.0571 / Low: 0.0549).

January Spread (Volatile) ±0.0057
August Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0572) against the same month in 2022 (average: 0.0548), the exchange rate shifted by +0.0023 (+4.28%).

2023 Avg (October) 0.0572
2022 Avg (October) 0.0548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0580 0.0523 0.0550
February 0.0579 0.0524 0.0551
March 0.0575 0.0534 0.0557
April 0.0574 0.0529 0.0549
May 0.0572 0.0531 0.0551
June 0.0571 0.0528 0.0547
July 0.0576 0.0521 0.0557
August 0.0571 0.0549 0.0560
September 0.0596 0.0557 0.0576
October 0.0598 0.0553 0.0572
November 0.0582 0.0547 0.0566
December 0.0584 0.0535 0.0558