YEARLY HIGH
291.2195 SYP
YEARLY LOW
284.5020 SYP
YEARLY AVERAGE
287.2775 SYP

2023 SVC to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 291.2195. Conversely, the yearly low was recorded on February 5, dropping to 284.5020.

This high-to-low spread represents a total annual volatility of 6.7175 SYP. From a start-to-finish perspective, comparing the January average rate of 287.1389 to the December average rate of 286.8487, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 291.2195 was up 0.22% compared to the 2022 peak of 290.5802, 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 1,456,098 SYP
2022 Average 1,435,614 SYP
Yearly Trough Low 1,422,510 SYP
Transaction Impact: A difference of 33,587.45 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

287.6574
286.7751
JanuMarcMayJulySeptNove

SVC to SYP 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 287.2946, compared to 287.2603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 287.2946
H2 Avg (Jul–Dec) 287.2603

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.3954 SYP (High: 291.2195 / Low: 286.8241). On the other end, January was the most stable month, with a tight range of 1.2691 SYP (High: 288.1004 / Low: 286.8314).

March Spread (Volatile) ±4.3954
January Spread (Stable) ±1.2691

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.6473 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 287.5838) against the same month in 2022 (average: 287.0580), the exchange rate shifted by +0.5258 (+0.18%).

2023 Avg (March) 287.5838
2022 Avg (March) 287.0580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 288.1004 286.8314 287.1389
February 288.7909 284.5020 287.1162
March 291.2195 286.8241 287.5838
April 290.9761 286.7455 287.4537
May 288.0510 286.5973 287.2794
June 288.9449 286.0700 287.1959
July 289.8762 286.6776 287.4901
August 289.0092 286.0768 287.1573
September 288.1742 286.5334 287.2122
October 288.4268 286.5334 287.3575
November 289.5235 286.9217 287.4960
December 287.3867 285.6147 286.8487