2023 CAD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CAD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CAD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 458.1349. Conversely, the yearly low was recorded on November 20, dropping to 397.7884.
This high-to-low spread represents a total annual volatility of 60.3465 SDG. From a start-to-finish perspective, comparing the January average rate of 429.8610 to the December average rate of 448.1883, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 458.1349 was up 2.68% compared to the 2022 peak of 446.1909, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CAD to SDG 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 438.9779, compared to 444.5229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5449 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 45.5227 SDG (High: 443.3111 / Low: 397.7884). On the other end, September was the most stable month, with a tight range of 7.9060 SDG (High: 447.1288 / Low: 439.2228).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 8.3739 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 454.3289) against the same month in 2022 (average: 353.0098), the exchange rate shifted by +101.3191 (+28.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 437.7698 | 419.0542 | 429.8610 |
| February | 439.5719 | 431.1641 | 435.1422 |
| March | 440.1818 | 412.0874 | 430.4599 |
| April | 449.7175 | 420.3640 | 442.3468 |
| May | 448.6780 | 439.2869 | 443.5844 |
| June | 457.5046 | 446.4993 | 452.4732 |
| July | 458.1349 | 449.3012 | 454.3289 |
| August | 453.2268 | 441.9382 | 445.9550 |
| September | 447.1288 | 439.2228 | 443.7350 |
| October | 443.1315 | 432.6752 | 438.2160 |
| November | 443.3111 | 397.7884 | 436.7139 |
| December | 455.4034 | 442.0141 | 448.1883 |