YEARLY HIGH
2.1958 MDL
YEARLY LOW
1.9671 MDL
YEARLY AVERAGE
2.0696 MDL

2023 SVC to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.1958. Conversely, the yearly low was recorded on December 28, dropping to 1.9671.

This high-to-low spread represents a total annual volatility of 0.2287 MDL. From a start-to-finish perspective, comparing the January average rate of 2.1704 to the December average rate of 2.0100, the exchange rate registered a net change of -7.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.1958 was down 1.98% compared to the 2022 peak of 2.2402, 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 10,979 MDL
2022 Average 10,783 MDL
Yearly Trough Low 9,835 MDL
Transaction Impact: A difference of 1,143.65 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1864
1.9940
JanuMarcMayJulySeptNove

SVC to MDL 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 2.0977, compared to 2.0415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0562 points.

H1 Avg (Jan–Jun) 2.0977
H2 Avg (Jul–Dec) 2.0415

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.1204 MDL (High: 2.0969 / Low: 1.9765). On the other end, October was the most stable month, with a tight range of 0.0283 MDL (High: 2.0846 / Low: 2.0563).

July Spread (Volatile) ±0.1204
October Spread (Stable) ±0.0283

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0660 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0660

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1704) against the same month in 2022 (average: 2.0484), the exchange rate shifted by +0.1220 (+5.96%).

2023 Avg (January) 2.1704
2022 Avg (January) 2.0484

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1958 2.1382 2.1704
February 2.1651 2.1357 2.1451
March 2.1579 2.0960 2.1297
April 2.0962 2.0431 2.0637
May 2.0534 2.0169 2.0314
June 2.0912 2.0235 2.0460
July 2.0969 1.9765 2.0479
August 2.0371 1.9999 2.0205
September 2.0857 2.0291 2.0547
October 2.0846 2.0563 2.0737
November 2.0732 2.0190 2.0422
December 2.0491 1.9671 2.0100