YEARLY HIGH
2645.4577 STD
YEARLY LOW
2532.9092 STD
YEARLY AVERAGE
2583.1553 STD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SVC based on timing:

Yearly Peak High 13,227,288 STD
2022 Average 12,669,055 STD
Yearly Trough Low 12,664,546 STD
Transaction Impact: A difference of 562,742.25 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2619.2888
2536.9940
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2609.8038
H2 Avg (Jul–Dec) 2556.5068

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±88.2452
January Spread (Stable) ±11.5284

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 July and August, when the average rate fell by 56.9780 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -56.9780

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (March) 2612.4309
2022 Avg (March) 2445.9186

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