2023 SVC to MXN Historical Review

YEARLY HIGH

2.2280 MXN

YEARLY LOW

1.9097 MXN

YEARLY AVERAGE

2.0280 MXN

2023 SVC to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.2280. Conversely, the yearly low was recorded on July 19, dropping to 1.9097.

This high-to-low spread represents a total annual volatility of 0.3182 MXN. From a start-to-finish perspective, comparing the January average rate of 2.1673 to the December average rate of 1.9599, the exchange rate registered a net change of -9.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2280 was down 8.91% compared to the 2022 peak of 2.4459, 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 11,140 MXN

2022 Average 11,489 MXN

Yearly Trough Low 9,549 MXN

Transaction Impact: A difference of 1,591.17 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.1905

1.9129

JanuMarcMayJulySeptNove

SVC to MXN 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 2.0774, compared to 1.9786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0988 points.

H1 Avg (Jan–Jun) 2.0774

H2 Avg (Jul–Dec) 1.9786

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1405 MXN (High: 2.1923 / Low: 2.0518). On the other end, April was the most stable month, with a tight range of 0.0346 MXN (High: 2.0913 / Low: 2.0567).

March Spread (Volatile) ±0.1405

April Spread (Stable) ±0.0346

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0804 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.1673) against the same month in 2022 (average: 2.3435), the exchange rate shifted by -0.1761 (-7.52%).

2023 Avg (January) 2.1673

2022 Avg (January) 2.3435

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2280	2.1304	2.1673
February	2.1918	2.0922	2.1251
March	2.1923	2.0518	2.1069
April	2.0913	2.0567	2.0671
May	2.0575	1.9937	2.0270
June	2.0069	1.9515	1.9712
July	1.9754	1.9097	1.9361
August	1.9822	1.9115	1.9414
September	2.0194	1.9504	1.9773
October	2.0963	1.9855	2.0687
November	2.0337	1.9567	1.9882
December	1.9956	1.9292	1.9599