YEARLY HIGH
19.3107 SRD
YEARLY LOW
15.7788 SRD
YEARLY AVERAGE
18.2958 SRD

2023 BBD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 19.3107. Conversely, the yearly low was recorded on January 8, dropping to 15.7788.

This high-to-low spread represents a total annual volatility of 3.5320 SRD. From a start-to-finish perspective, comparing the January average rate of 15.9079 to the December average rate of 18.6821, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.3107 was up 20.83% compared to the 2022 peak of 15.9820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 96,554 SRD
2022 Average 60,586 SRD
Yearly Trough Low 78,894 SRD
Transaction Impact: A difference of 17,660.00 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.4741
15.5837
JanuMarcMayJulySeptNove

BBD to SRD 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 17.5862, compared to 19.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4191 points.

H1 Avg (Jan–Jun) 17.5862
H2 Avg (Jul–Dec) 19.0053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.2877 SRD (High: 18.0487 / Low: 16.7610). On the other end, November was the most stable month, with a tight range of 0.1748 SRD (High: 19.0748 / Low: 18.9000).

March Spread (Volatile) ±1.2877
November Spread (Stable) ±0.1748

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3101 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.3101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 18.9968) against the same month in 2022 (average: 11.4444), the exchange rate shifted by +7.5524 (+65.99%).

2023 Avg (July) 18.9968
2022 Avg (July) 11.4444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.2093 15.7788 15.9079
February 16.9473 16.0000 16.4040
March 18.0487 16.7610 17.2959
April 18.7042 17.8768 18.3881
May 18.9375 18.5557 18.6711
June 19.1627 18.6623 18.8503
July 19.3107 18.5000 18.9968
August 19.2810 19.0925 19.1363
September 19.2982 19.0282 19.1499
October 19.1842 18.9995 19.0747
November 19.0748 18.9000 18.9922
December 18.9415 18.3727 18.6821