YEARLY HIGH
2.3138 NAD
YEARLY LOW
1.9219 NAD
YEARLY AVERAGE
2.1152 NAD

2023 SVC to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 2.3138. Conversely, the yearly low was recorded on January 12, dropping to 1.9219.

This high-to-low spread represents a total annual volatility of 0.3920 NAD. From a start-to-finish perspective, comparing the January average rate of 1.9519 to the December average rate of 2.1333, the exchange rate registered a net change of 9.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3138 was up 9.31% compared to the 2022 peak of 2.1168, 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 11,569 NAD
2022 Average 9,319 NAD
Yearly Trough Low 9,609 NAD
Transaction Impact: A difference of 1,959.84 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2276
1.9268
JanuMarcMayJulySeptNove

SVC to NAD 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 2.0818, compared to 2.1487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0669 points.

H1 Avg (Jan–Jun) 2.0818
H2 Avg (Jul–Dec) 2.1487

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2077 NAD (High: 2.2862 / Low: 2.0785). On the other end, January was the most stable month, with a tight range of 0.0533 NAD (High: 1.9751 / Low: 1.9219).

November Spread (Volatile) ±0.2077
January Spread (Stable) ±0.0533

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 0.0571 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.2025) against the same month in 2022 (average: 2.0693), the exchange rate shifted by +0.1332 (+6.44%).

2023 Avg (October) 2.2025
2022 Avg (October) 2.0693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9751 1.9219 1.9519
February 2.1054 1.9493 2.0433
March 2.1350 2.0477 2.0921
April 2.1193 2.0306 2.0796
May 2.2546 2.0884 2.1824
June 2.2547 2.0770 2.1413
July 2.1711 2.0162 2.0879
August 2.2650 2.0861 2.1539
September 2.1982 2.1418 2.1689
October 2.3138 2.1444 2.2025
November 2.2862 2.0785 2.1454
December 2.1823 2.0780 2.1333