2023 XCD to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XCD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XCD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 8445.3536. Conversely, the yearly low was recorded on December 31, dropping to 8244.7318.
This high-to-low spread represents a total annual volatility of 200.6218 STD. From a start-to-finish perspective, comparing the January average rate of 8445.3536 to the December average rate of 8244.7318, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 8445.3536 was down 3.53% compared to the 2022 peak of 8754.0656, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XCD 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 8445.3536, compared to 8273.8543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 171.4993 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 200.6218 STD (High: 8445.3536 / Low: 8244.7318). On the other end, December was the most stable month, with a tight range of 0.0000 STD (High: 8244.7318 / Low: 8244.7318).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 174.7351 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 8445.3536) against the same month in 2022 (average: 7825.7602), the exchange rate shifted by +619.5934 (+7.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8445.3536 | 8445.3536 | 8445.3536 |
| February | 8445.3536 | 8445.3536 | 8445.3536 |
| March | 8445.3536 | 8445.3536 | 8445.3536 |
| April | 8445.3536 | 8445.3536 | 8445.3536 |
| May | 8445.3536 | 8445.3536 | 8445.3536 |
| June | 8445.3536 | 8445.3536 | 8445.3536 |
| July | 8445.3536 | 8244.7318 | 8419.4670 |
| August | 8244.7318 | 8244.7318 | 8244.7318 |
| September | 8244.7318 | 8244.7318 | 8244.7318 |
| October | 8244.7318 | 8244.7318 | 8244.7318 |
| November | 8244.7318 | 8244.7318 | 8244.7318 |
| December | 8244.7318 | 8244.7318 | 8244.7318 |