2023 SVC to BTN Historical Review

YEARLY HIGH

9.5323 BTN

YEARLY LOW

9.2751 BTN

YEARLY AVERAGE

9.4384 BTN

2023 SVC to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 9.5323. Conversely, the yearly low was recorded on January 22, dropping to 9.2751.

This high-to-low spread represents a total annual volatility of 0.2571 BTN. From a start-to-finish perspective, comparing the January average rate of 9.3510 to the December average rate of 9.5126, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 9.5323 was up 0.45% compared to the 2022 peak of 9.4899, 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 47,661 BTN

2022 Average 44,903 BTN

Yearly Trough Low 46,376 BTN

Transaction Impact: A difference of 1,285.71 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

9.5364

9.3342

JanuMarcMayJulySeptNove

SVC to BTN 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 9.3952, compared to 9.4815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0863 points.

H1 Avg (Jan–Jun) 9.3952

H2 Avg (Jul–Dec) 9.4815

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2035 BTN (High: 9.4787 / Low: 9.2751). On the other end, October was the most stable month, with a tight range of 0.0263 BTN (High: 9.5171 / Low: 9.4908).

January Spread (Volatile) ±0.2035

October Spread (Stable) ±0.0263

Growth Streaks & Declines

Trends

Between July and November, 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 March and April, when the average rate fell by 0.0403 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 9.5126) against the same month in 2022 (average: 9.4219), the exchange rate shifted by +0.0907 (+0.96%).

2023 Avg (December) 9.5126

2022 Avg (December) 9.4219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4787	9.2751	9.3510
February	9.4686	9.3519	9.4383
March	9.4576	9.3224	9.4096
April	9.4120	9.3436	9.3692
May	9.4654	9.3342	9.4084
June	9.4489	9.3569	9.3945
July	9.4930	9.3488	9.3941
August	9.5291	9.3897	9.4642
September	9.5123	9.4496	9.4887
October	9.5171	9.4908	9.5099
November	9.5300	9.4966	9.5195
December	9.5323	9.4863	9.5126