2023 CAD to SRD Historical Review

YEARLY HIGH

29.2693 SRD

YEARLY LOW

23.1142 SRD

YEARLY AVERAGE

27.1068 SRD

2023 CAD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 29.2693. Conversely, the yearly low was recorded on January 3, dropping to 23.1142.

This high-to-low spread represents a total annual volatility of 6.1551 SRD. From a start-to-finish perspective, comparing the January average rate of 23.7088 to the December average rate of 27.8616, the exchange rate registered a net change of 17.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 29.2693 was up 23.83% compared to the 2022 peak of 23.6368, 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 146,347 SRD

2022 Average 92,750 SRD

Yearly Trough Low 115,571 SRD

Transaction Impact: A difference of 30,775.73 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

29.2192

23.2079

JanuMarcMayJulySeptNove

CAD 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 26.0869, compared to 28.1267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0398 points.

H1 Avg (Jan–Jun) 26.0869

H2 Avg (Jul–Dec) 28.1267

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.2794 SRD (High: 26.6826 / Low: 24.4031). On the other end, November was the most stable month, with a tight range of 0.4824 SRD (High: 27.9588 / Low: 27.4765).

March Spread (Volatile) ±2.2794

November Spread (Stable) ±0.4824

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 0.4449 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.4449

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 28.7183) against the same month in 2022 (average: 17.7095), the exchange rate shifted by +11.0088 (+62.16%).

2023 Avg (July) 28.7183

2022 Avg (July) 17.7095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.2451	23.1142	23.7088
February	24.9665	23.9249	24.3768
March	26.6826	24.4031	25.2505
April	27.7482	26.6075	27.2077
May	28.3223	27.1710	27.6033
June	29.1506	27.7525	28.3741
July	29.2693	27.9778	28.7183
August	29.0562	28.0555	28.3834
September	28.5729	27.9608	28.2651
October	28.2326	27.3937	27.8202
November	27.9588	27.4765	27.7115
December	28.1713	27.6047	27.8616