YEARLY HIGH
0.0185 SRD
YEARLY LOW
0.0133 SRD
YEARLY AVERAGE
0.0158 SRD

2023 CDF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 0.0185. Conversely, the yearly low was recorded on December 21, dropping to 0.0133.

This high-to-low spread represents a total annual volatility of 0.0052 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0155 to the December average rate of 0.0137, the exchange rate registered a net change of -11.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0185 was up 18.20% compared to the 2022 peak of 0.0157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93 SRD
2022 Average 60 SRD
Yearly Trough Low 67 SRD
Transaction Impact: A difference of 26.05 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0181
0.0133
JanuMarcMayJulySeptNove

CDF 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 0.0165, compared to 0.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0025 SRD (High: 0.0185 / Low: 0.0160). On the other end, September was the most stable month, with a tight range of 0.0003 SRD (High: 0.0156 / Low: 0.0153).

May Spread (Volatile) ±0.0025
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0171) against the same month in 2022 (average: 0.0104), the exchange rate shifted by +0.0067 (+64.22%).

2023 Avg (May) 0.0171
2022 Avg (May) 0.0104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0157 0.0154 0.0155
February 0.0165 0.0155 0.0159
March 0.0176 0.0162 0.0167
April 0.0183 0.0171 0.0177
May 0.0185 0.0160 0.0171
June 0.0163 0.0157 0.0160
July 0.0158 0.0150 0.0154
August 0.0157 0.0153 0.0155
September 0.0156 0.0153 0.0154
October 0.0154 0.0146 0.0152
November 0.0155 0.0139 0.0149
December 0.0142 0.0133 0.0137