YEARLY HIGH
0.2775 SVC
YEARLY LOW
0.2267 SVC
YEARLY AVERAGE
0.2399 SVC

2023 SRD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2775. Conversely, the yearly low was recorded on July 31, dropping to 0.2267.

This high-to-low spread represents a total annual volatility of 0.0508 SVC. From a start-to-finish perspective, comparing the January average rate of 0.2750 to the December average rate of 0.2344, the exchange rate registered a net change of -14.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2775 was down 35.68% compared to the 2022 peak of 0.4314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SRD based on timing:

Yearly Peak High 1,388 SVC
2022 Average 1,850 SVC
Yearly Trough Low 1,133 SVC
Transaction Impact: A difference of 254.06 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2797
0.2237
JanuMarcMayJulySeptNove

SRD to SVC 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 0.2498, compared to 0.2301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 0.2498
H2 Avg (Jul–Dec) 0.2301

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0192 SVC (High: 0.2611 / Low: 0.2419). On the other end, October was the most stable month, with a tight range of 0.0027 SVC (High: 0.2303 / Low: 0.2276).

March Spread (Volatile) ±0.0192
October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between September and December, 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 0.0150 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2750) against the same month in 2022 (average: 0.4135), the exchange rate shifted by -0.1385 (-33.49%).

2023 Avg (January) 0.2750
2022 Avg (January) 0.4135

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2775 0.2699 0.2750
February 0.2736 0.2582 0.2668
March 0.2611 0.2419 0.2527
April 0.2448 0.2315 0.2377
May 0.2360 0.2312 0.2342
June 0.2353 0.2283 0.2321
July 0.2366 0.2267 0.2301
August 0.2298 0.2270 0.2286
September 0.2295 0.2269 0.2284
October 0.2303 0.2276 0.2292
November 0.2316 0.2275 0.2301
December 0.2386 0.2313 0.2344