2023 ALL to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 ALL to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the ALL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 28.0125. Conversely, the yearly low was recorded on January 8, dropping to 22.5385.
This high-to-low spread represents a total annual volatility of 5.4740 SYP. From a start-to-finish perspective, comparing the January average rate of 23.2815 to the December average rate of 26.6822, the exchange rate registered a net change of 14.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 28.0125 was up 18.25% compared to the 2022 peak of 23.6896, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
ALL to SYP 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 24.0861, compared to 25.9811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8950 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was August, with a trading range of 2.4944 SYP (High: 27.0322 / Low: 24.5378). On the other end, September was the most stable month, with a tight range of 0.4984 SYP (High: 25.3024 / Low: 24.8040).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9409 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 26.8943) against the same month in 2022 (average: 21.8147), the exchange rate shifted by +5.0797 (+23.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.5321 | 22.5385 | 23.2815 |
| February | 23.6369 | 23.0865 | 23.2534 |
| March | 24.0895 | 23.1193 | 23.5068 |
| April | 25.1056 | 24.0866 | 24.5346 |
| May | 24.9323 | 23.9813 | 24.5675 |
| June | 25.8087 | 24.6111 | 25.3728 |
| July | 28.0125 | 25.6708 | 26.8943 |
| August | 27.0322 | 24.5378 | 25.9534 |
| September | 25.3024 | 24.8040 | 25.0992 |
| October | 25.3427 | 24.8082 | 25.0941 |
| November | 26.9732 | 25.1308 | 26.1634 |
| December | 27.0348 | 26.3562 | 26.6822 |