2023 BND to SRD Historical Review

YEARLY HIGH

29.0288 SRD

YEARLY LOW

23.3903 SRD

YEARLY AVERAGE

27.2504 SRD

2023 BND to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 29.0288. Conversely, the yearly low was recorded on January 8, dropping to 23.3903.

This high-to-low spread represents a total annual volatility of 5.6385 SRD. From a start-to-finish perspective, comparing the January average rate of 23.9794 to the December average rate of 28.0442, the exchange rate registered a net change of 16.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.0288 was up 22.49% compared to the 2022 peak of 23.6986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 145,144 SRD

2022 Average 87,825 SRD

Yearly Trough Low 116,951 SRD

Transaction Impact: A difference of 28,192.49 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.9231

23.5300

JanuMarcMayJulySeptNove

BND 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 26.3314, compared to 28.1693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8379 points.

H1 Avg (Jan–Jun) 26.3314

H2 Avg (Jul–Dec) 28.1693

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.2936 SRD (High: 27.1901 / Low: 24.8965). On the other end, October was the most stable month, with a tight range of 0.3930 SRD (High: 28.0877 / Low: 27.6948).

March Spread (Volatile) ±2.2936

October Spread (Stable) ±0.3930

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2409 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 28.4737) against the same month in 2022 (average: 16.4197), the exchange rate shifted by +12.0540 (+73.41%).

2023 Avg (July) 28.4737

2022 Avg (July) 16.4197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.5441	23.3903	23.9794
February	25.1244	24.2730	24.6312
March	27.1901	24.8965	25.8229
April	28.2696	26.8547	27.6476
May	28.5000	27.5019	27.8919
June	28.5699	27.6279	28.0155
July	29.0288	27.4193	28.4737
August	28.9061	28.1191	28.3400
September	28.4940	27.8485	28.1136
October	28.0877	27.6948	27.8727
November	28.5154	27.8236	28.1718
December	28.3411	27.7980	28.0442