2023 ETB to SRD Historical Review

YEARLY HIGH

0.7041 SRD

YEARLY LOW

0.5871 SRD

YEARLY AVERAGE

0.6682 SRD

2023 ETB to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.7041. Conversely, the yearly low was recorded on January 8, dropping to 0.5871.

This high-to-low spread represents a total annual volatility of 0.1170 SRD. From a start-to-finish perspective, comparing the January average rate of 0.5932 to the December average rate of 0.6654, the exchange rate registered a net change of 12.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7041 was up 17.67% compared to the 2022 peak of 0.5984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,520 SRD

2022 Average 2,327 SRD

Yearly Trough Low 2,935 SRD

Transaction Impact: A difference of 585.00 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7050

0.5830

JanuMarcMayJulySeptNove

ETB 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 0.6507, compared to 0.6857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 0.6507

H2 Avg (Jul–Dec) 0.6857

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0468 SRD (High: 0.6697 / Low: 0.6229). On the other end, September was the most stable month, with a tight range of 0.0076 SRD (High: 0.6980 / Low: 0.6904).

March Spread (Volatile) ±0.0468

September Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0160 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6930) against the same month in 2022 (average: 0.4379), the exchange rate shifted by +0.2551 (+58.26%).

2023 Avg (July) 0.6930

2022 Avg (July) 0.4379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6045	0.5871	0.5932
February	0.6305	0.5973	0.6108
March	0.6697	0.6229	0.6436
April	0.6960	0.6568	0.6789
May	0.6958	0.6820	0.6868
June	0.7029	0.6808	0.6907
July	0.7041	0.6734	0.6930
August	0.7014	0.6905	0.6948
September	0.6980	0.6904	0.6936
October	0.6932	0.6802	0.6860
November	0.6912	0.6738	0.6814
December	0.6789	0.6512	0.6654