YEARLY HIGH
0.9738 SBD
YEARLY LOW
0.9282 SBD
YEARLY AVERAGE
0.9542 SBD

2023 SVC to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.9738. Conversely, the yearly low was recorded on February 5, dropping to 0.9282.

This high-to-low spread represents a total annual volatility of 0.0456 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9445 to the December average rate of 0.9656, the exchange rate registered a net change of 2.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9738 was up 2.32% compared to the 2022 peak of 0.9518, 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 4,869 SBD
2022 Average 4,650 SBD
Yearly Trough Low 4,641 SBD
Transaction Impact: A difference of 228.18 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9680
0.9384
JanuMarcMayJulySeptNove

SVC to SBD 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 0.9468, compared to 0.9615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.9468
H2 Avg (Jul–Dec) 0.9615

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0225 SBD (High: 0.9653 / Low: 0.9428). On the other end, June was the most stable month, with a tight range of 0.0071 SBD (High: 0.9568 / Low: 0.9497).

April Spread (Volatile) ±0.0225
June Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0036 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.9654) against the same month in 2022 (average: 0.9412), the exchange rate shifted by +0.0242 (+2.57%).

2023 Avg (November) 0.9654
2022 Avg (November) 0.9412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9516 0.9383 0.9445
February 0.9501 0.9282 0.9409
March 0.9505 0.9364 0.9419
April 0.9653 0.9428 0.9487
May 0.9558 0.9485 0.9520
June 0.9568 0.9497 0.9528
July 0.9704 0.9520 0.9572
August 0.9626 0.9529 0.9565
September 0.9664 0.9550 0.9602
October 0.9729 0.9561 0.9645
November 0.9738 0.9591 0.9654
December 0.9701 0.9583 0.9656