YEARLY HIGH
15891.7396 SLL
YEARLY LOW
12745.7700 SLL
YEARLY AVERAGE
14127.9294 SLL

2023 CAD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 15891.7396. Conversely, the yearly low was recorded on March 11, dropping to 12745.7700.

This high-to-low spread represents a total annual volatility of 3145.9695 SLL. From a start-to-finish perspective, comparing the January average rate of 13163.4440 to the December average rate of 15637.7434, the exchange rate registered a net change of 18.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15891.7396 was up 19.34% compared to the 2022 peak of 13316.6583, 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 79,458,698 SLL
2022 Average 52,558,251 SLL
Yearly Trough Low 63,728,850 SLL
Transaction Impact: A difference of 15,729,847.68 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15912.1000
12619.8206
JanuMarcMayJulySeptNove

CAD to SLL 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 13101.0323, compared to 15154.8265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2053.7941 points.

H1 Avg (Jan–Jun) 13101.0323
H2 Avg (Jul–Dec) 15154.8265

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2674.5786 SLL (High: 15891.7396 / Low: 13217.1610). On the other end, September was the most stable month, with a tight range of 273.4887 SLL (High: 15598.4185 / Low: 15324.9299).

July Spread (Volatile) ±2674.5786
September Spread (Stable) ±273.4887

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 232.6743 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -232.6743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 13674.4524) against the same month in 2022 (average: 10463.7160), the exchange rate shifted by +3210.7363 (+30.68%).

2023 Avg (July) 13674.4524
2022 Avg (July) 10463.7160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13275.8859 12919.0085 13163.4440
February 13307.6898 12945.1380 13126.8515
March 13062.8042 12745.7700 12894.1772
April 13240.4317 12914.4278 13069.3860
May 13209.8272 12933.3382 13057.7736
June 13436.1064 13134.7372 13294.5616
July 15891.7396 13217.1610 13674.4524
August 15800.3994 15406.8550 15551.0434
September 15598.4185 15324.9299 15475.5010
October 15448.4542 15106.0764 15291.8485
November 15467.5752 15156.8486 15298.3701
December 15889.4878 15422.3221 15637.7434