YEARLY HIGH
0.2318 BBD
YEARLY LOW
0.2265 BBD
YEARLY AVERAGE
0.2287 BBD

2023 SVC to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2318. Conversely, the yearly low was recorded on February 5, dropping to 0.2265.

This high-to-low spread represents a total annual volatility of 0.0053 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2286 to the December average rate of 0.2283, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2318 was up 0.22% compared to the 2022 peak of 0.2313, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,159 BBD
2022 Average 1,143 BBD
Yearly Trough Low 1,132 BBD
Transaction Impact: A difference of 26.74 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2290
0.2283
JanuMarcMayJulySeptNove

SVC to BBD 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 0.2287, compared to 0.2287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2287
H2 Avg (Jul–Dec) 0.2287

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0035 BBD (High: 0.2318 / Low: 0.2283). On the other end, January was the most stable month, with a tight range of 0.0010 BBD (High: 0.2293 / Low: 0.2283).

March Spread (Volatile) ±0.0035
January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2289) against the same month in 2022 (average: 0.2285), the exchange rate shifted by +0.0004 (+0.16%).

2023 Avg (March) 0.2289
2022 Avg (March) 0.2285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2293 0.2283 0.2286
February 0.2299 0.2265 0.2285
March 0.2318 0.2283 0.2289
April 0.2316 0.2283 0.2288
May 0.2293 0.2281 0.2287
June 0.2300 0.2277 0.2286
July 0.2307 0.2282 0.2288
August 0.2301 0.2277 0.2286
September 0.2294 0.2281 0.2286
October 0.2296 0.2281 0.2287
November 0.2305 0.2284 0.2288
December 0.2288 0.2274 0.2283