2023 SVC to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SVC to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SVC to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2645.4577. Conversely, the yearly low was recorded on December 17, dropping to 2532.9092.
This high-to-low spread represents a total annual volatility of 112.5485 STD. From a start-to-finish perspective, comparing the January average rate of 2608.3885 to the December average rate of 2543.8519, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 2645.4577 was down 2.26% compared to the 2022 peak of 2706.5992, 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 STD 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 2609.8038, compared to 2556.5068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 53.2970 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 88.2452 STD (High: 2633.2550 / Low: 2545.0098). On the other end, January was the most stable month, with a tight range of 11.5284 STD (High: 2617.1237 / Low: 2605.5953).
Growth Streaks & Declines
TrendsBetween August and November, 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 July and August, when the average rate fell by 56.9780 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 2612.4309) against the same month in 2022 (average: 2445.9186), the exchange rate shifted by +166.5123 (+6.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2617.1237 | 2605.5953 | 2608.3885 |
| February | 2623.3962 | 2584.4356 | 2608.1831 |
| March | 2645.4577 | 2605.5295 | 2612.4309 |
| April | 2643.2466 | 2604.8153 | 2611.2486 |
| May | 2616.6742 | 2603.4690 | 2609.6649 |
| June | 2624.7949 | 2598.6788 | 2608.9066 |
| July | 2633.2550 | 2545.0098 | 2603.5667 |
| August | 2563.0119 | 2537.0074 | 2546.5887 |
| September | 2555.6069 | 2541.0565 | 2547.0763 |
| October | 2557.8474 | 2541.0565 | 2548.3644 |
| November | 2567.5734 | 2544.5000 | 2549.5927 |
| December | 2548.6235 | 2532.9092 | 2543.8519 |