YEARLY HIGH
0.3132 XCD
YEARLY LOW
0.3060 XCD
YEARLY AVERAGE
0.3090 XCD

2023 SVC to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.3132. Conversely, the yearly low was recorded on February 5, dropping to 0.3060.

This high-to-low spread represents a total annual volatility of 0.0072 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3089 to the December average rate of 0.3085, 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 0.3132 was up 0.22% compared to the 2022 peak of 0.3126, 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 1,566 XCD
2022 Average 1,544 XCD
Yearly Trough Low 1,530 XCD
Transaction Impact: A difference of 36.13 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3094
0.3085
JanuMarcMayJulySeptNove

SVC to XCD 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 0.3090, compared to 0.3090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.3090
H2 Avg (Jul–Dec) 0.3090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0047 XCD (High: 0.3132 / Low: 0.3085). On the other end, January was the most stable month, with a tight range of 0.0014 XCD (High: 0.3099 / Low: 0.3085).

March Spread (Volatile) ±0.0047
January Spread (Stable) ±0.0014

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.3093) against the same month in 2022 (average: 0.3088), the exchange rate shifted by +0.0005 (+0.16%).

2023 Avg (March) 0.3093
2022 Avg (March) 0.3088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3099 0.3085 0.3089
February 0.3106 0.3060 0.3088
March 0.3132 0.3085 0.3093
April 0.3130 0.3084 0.3092
May 0.3098 0.3083 0.3090
June 0.3108 0.3077 0.3089
July 0.3118 0.3084 0.3092
August 0.3109 0.3077 0.3089
September 0.3100 0.3082 0.3089
October 0.3102 0.3082 0.3091
November 0.3114 0.3086 0.3092
December 0.3091 0.3072 0.3085