2023 SVC to TOP Historical Review

YEARLY HIGH

0.2761 TOP

YEARLY LOW

0.2618 TOP

YEARLY AVERAGE

0.2701 TOP

2023 SVC to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.2761. Conversely, the yearly low was recorded on February 5, dropping to 0.2618.

This high-to-low spread represents a total annual volatility of 0.0143 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2662 to the December average rate of 0.2683, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2761 was down 2.27% compared to the 2022 peak of 0.2825, 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 1,381 TOP

2022 Average 1,332 TOP

Yearly Trough Low 1,309 TOP

Transaction Impact: A difference of 71.64 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2750

0.2654

JanuMarcMayJulySeptNove

SVC to TOP 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 0.2686, compared to 0.2715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.2686

H2 Avg (Jul–Dec) 0.2715

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0081 TOP (High: 0.2699 / Low: 0.2618). On the other end, September was the most stable month, with a tight range of 0.0021 TOP (High: 0.2744 / Low: 0.2723).

February Spread (Volatile) ±0.0081

September Spread (Stable) ±0.0021

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 November and December, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2742) against the same month in 2022 (average: 0.2784), the exchange rate shifted by -0.0042 (-1.51%).

2023 Avg (October) 0.2742

2022 Avg (October) 0.2784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2690	0.2639	0.2662
February	0.2699	0.2618	0.2671
March	0.2735	0.2681	0.2700
April	0.2737	0.2674	0.2692
May	0.2723	0.2673	0.2697
June	0.2723	0.2671	0.2695
July	0.2725	0.2658	0.2687
August	0.2739	0.2685	0.2718
September	0.2744	0.2723	0.2733
October	0.2761	0.2723	0.2742
November	0.2760	0.2694	0.2727
December	0.2703	0.2653	0.2683