2023 AUD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AUD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AUD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 1796.9618. Conversely, the yearly low was recorded on October 14, dropping to 1579.8886.
This high-to-low spread represents a total annual volatility of 217.0732 SYP. From a start-to-finish perspective, comparing the January average rate of 1748.5824 to the December average rate of 1684.3423, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 1796.9618 was down 5.69% compared to the 2022 peak of 1905.4410, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AUD 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 1699.1037, compared to 1640.8004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 58.3033 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 107.1697 SYP (High: 1796.9618 / Low: 1689.7922). On the other end, September was the most stable month, with a tight range of 29.1262 SYP (High: 1624.1757 / Low: 1595.0495).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 62.6790 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 1748.5824) against the same month in 2022 (average: 1801.9201), the exchange rate shifted by -53.3377 (-2.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1796.9618 | 1689.7922 | 1748.5824 |
| February | 1795.8393 | 1689.6763 | 1730.4219 |
| March | 1700.5901 | 1652.4910 | 1678.6470 |
| April | 1705.0528 | 1660.2987 | 1679.8508 |
| May | 1703.7313 | 1632.7545 | 1668.6478 |
| June | 1728.5569 | 1652.5367 | 1688.4725 |
| July | 1730.7454 | 1665.4437 | 1690.7329 |
| August | 1662.6906 | 1602.2766 | 1628.0539 |
| September | 1624.1757 | 1595.0495 | 1613.6194 |
| October | 1617.3757 | 1579.8886 | 1594.7450 |
| November | 1672.3420 | 1598.1999 | 1633.3093 |
| December | 1721.8002 | 1645.9417 | 1684.3423 |