2023 SVC to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SVC to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SVC to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 21.6117. Conversely, the yearly low was recorded on February 5, dropping to 17.4125.
This high-to-low spread represents a total annual volatility of 4.1992 LRD. From a start-to-finish perspective, comparing the January average rate of 17.7568 to the December average rate of 21.4897, the exchange rate registered a net change of 21.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 21.6117 was up 21.34% compared to the 2022 peak of 17.8105, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SVC to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.6013, compared to 21.3283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7269 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 1.2819 LRD (High: 20.5807 / Low: 19.2988). On the other end, October was the most stable month, with a tight range of 0.1536 LRD (High: 21.4452 / Low: 21.2916).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 21.4898) against the same month in 2022 (average: 17.6032), the exchange rate shifted by +3.8865 (+22.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.9195 | 17.5768 | 17.7568 |
| February | 18.1733 | 17.4125 | 17.8797 |
| March | 18.6668 | 17.5588 | 18.2549 |
| April | 19.1376 | 18.5339 | 18.6622 |
| May | 19.3360 | 18.9183 | 19.0928 |
| June | 20.5807 | 19.2988 | 19.9616 |
| July | 21.3410 | 20.5807 | 21.0213 |
| August | 21.4756 | 21.2418 | 21.2934 |
| September | 21.3791 | 21.2241 | 21.3017 |
| October | 21.4452 | 21.2916 | 21.3738 |
| November | 21.6117 | 21.4240 | 21.4898 |
| December | 21.5412 | 21.3200 | 21.4897 |