2023 BMD to SRD Historical Review

YEARLY HIGH

38.6215 SRD

YEARLY LOW

31.5575 SRD

YEARLY AVERAGE

36.5916 SRD

2023 BMD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 38.6215. Conversely, the yearly low was recorded on January 8, dropping to 31.5575.

This high-to-low spread represents a total annual volatility of 7.0640 SRD. From a start-to-finish perspective, comparing the January average rate of 31.8158 to the December average rate of 37.3643, 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 38.6215 was up 20.83% compared to the 2022 peak of 31.9640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,108 SRD

2022 Average 121,172 SRD

Yearly Trough Low 157,788 SRD

Transaction Impact: A difference of 35,320.00 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

38.9481

31.1675

JanuMarcMayJulySeptNove

BMD 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 35.1724, compared to 38.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8382 points.

H1 Avg (Jan–Jun) 35.1724

H2 Avg (Jul–Dec) 38.0107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.5755 SRD (High: 36.0975 / Low: 33.5220). On the other end, November was the most stable month, with a tight range of 0.3495 SRD (High: 38.1495 / Low: 37.8000).

March Spread (Volatile) ±2.5755

November Spread (Stable) ±0.3495

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 0.6201 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.6201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 37.9936) against the same month in 2022 (average: 22.8888), the exchange rate shifted by +15.1048 (+65.99%).

2023 Avg (July) 37.9936

2022 Avg (July) 22.8888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.4185	31.5575	31.8158
February	33.8945	32.0000	32.8079
March	36.0975	33.5220	34.5917
April	37.4085	35.7535	36.7762
May	37.8750	37.1115	37.3422
June	38.3255	37.3245	37.7006
July	38.6215	37.0000	37.9936
August	38.5620	38.1850	38.2727
September	38.5965	38.0565	38.2997
October	38.3685	37.9990	38.1494
November	38.1495	37.8000	37.9844
December	37.8830	36.7455	37.3643