2023 DJF to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 DJF to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the DJF to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 14.3117. Conversely, the yearly low was recorded on February 5, dropping to 13.9831.
This high-to-low spread represents a total annual volatility of 0.3286 SYP. From a start-to-finish perspective, comparing the January average rate of 14.1353 to the December average rate of 14.1078, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 14.3117 was up 0.21% compared to the 2022 peak of 14.2816, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 DJF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
DJF to SYP 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 14.1308, compared to 14.1262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.2555 SYP (High: 14.2386 / Low: 13.9831). On the other end, January was the most stable month, with a tight range of 0.0676 SYP (High: 14.1741 / Low: 14.1065).
Growth Streaks & Declines
TrendsBetween February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0364 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 14.1430) against the same month in 2022 (average: 14.1040), the exchange rate shifted by +0.0390 (+0.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.1741 | 14.1065 | 14.1353 |
| February | 14.2386 | 13.9831 | 14.1167 |
| March | 14.3117 | 14.1025 | 14.1430 |
| April | 14.2996 | 14.1017 | 14.1449 |
| May | 14.1555 | 14.0831 | 14.1271 |
| June | 14.1994 | 14.0580 | 14.1176 |
| July | 14.2287 | 14.1153 | 14.1419 |
| August | 14.2169 | 14.0365 | 14.1229 |
| September | 14.1614 | 14.0365 | 14.1142 |
| October | 14.1743 | 14.0758 | 14.1265 |
| November | 14.2280 | 14.0758 | 14.1442 |
| December | 14.1551 | 14.0358 | 14.1078 |