2023 XDR to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XDR to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XDR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 19.1871. Conversely, the yearly low was recorded on October 26, dropping to 16.7097.
This high-to-low spread represents a total annual volatility of 2.4774 SCR. From a start-to-finish perspective, comparing the January average rate of 18.1991 to the December average rate of 17.9175, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 19.1871 was down 8.95% compared to the 2022 peak of 21.0725, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XDR to SCR 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 18.1697, compared to 17.7122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4575 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 1.8768 SCR (High: 19.1214 / Low: 17.2446). On the other end, August was the most stable month, with a tight range of 0.7186 SCR (High: 18.2204 / Low: 17.5018).
Growth Streaks & Declines
TrendsBetween September and December, 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 August and September, when the average rate fell by 0.4800 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 17.9624) against the same month in 2022 (average: 18.0404), the exchange rate shifted by -0.0780 (-0.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.1214 | 17.2446 | 18.1991 |
| February | 19.0671 | 17.2851 | 18.1613 |
| March | 18.7281 | 17.4026 | 17.9654 |
| April | 18.8918 | 17.4185 | 18.2417 |
| May | 18.8361 | 17.4860 | 18.1566 |
| June | 18.9559 | 17.5049 | 18.2942 |
| July | 19.1871 | 17.3685 | 17.9624 |
| August | 18.2204 | 17.5018 | 17.8532 |
| September | 17.9645 | 16.7774 | 17.3732 |
| October | 18.0822 | 16.7097 | 17.5030 |
| November | 18.2815 | 17.1877 | 17.6642 |
| December | 18.7061 | 17.1313 | 17.9175 |