YEARLY HIGH
458.1349 SDG
YEARLY LOW
397.7884 SDG
YEARLY AVERAGE
441.7504 SDG

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.

Transfer Payout Power Comparison

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

Yearly Peak High 2,290,674 SDG
2022 Average 1,912,548 SDG
Yearly Trough Low 1,988,942 SDG
Transaction Impact: A difference of 301,732.42 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

456.7757
427.4142
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 438.9779
H2 Avg (Jul–Dec) 444.5229

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±45.5227
September Spread (Stable) ±7.9060

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 4 Mo.
Sharpest MoM Drop -8.3739

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (July) 454.3289
2022 Avg (July) 353.0098

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