2023 EUR to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EUR to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EUR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 676.0189. Conversely, the yearly low was recorded on November 20, dropping to 597.5808.
This high-to-low spread represents a total annual volatility of 78.4381 SDG. From a start-to-finish perspective, comparing the January average rate of 622.3284 to the December average rate of 656.4993, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 676.0189 was up 10.18% compared to the 2022 peak of 613.5555, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
EUR to SDG 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 640.4684, compared to 650.3308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.8623 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 63.2221 SDG (High: 660.8029 / Low: 597.5808). On the other end, October was the most stable month, with a tight range of 12.5104 SDG (High: 641.3061 / Low: 628.7957).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 13.9970 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 664.6995) against the same month in 2022 (average: 465.2814), the exchange rate shifted by +199.4181 (+42.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 633.2857 | 603.3349 | 622.3284 |
| February | 642.5943 | 620.5418 | 626.7115 |
| March | 647.7242 | 612.9908 | 631.8563 |
| April | 667.0940 | 628.5000 | 657.0182 |
| May | 670.9566 | 642.7464 | 652.9147 |
| June | 661.1488 | 642.8804 | 651.9813 |
| July | 676.0189 | 651.8523 | 664.6995 |
| August | 663.2097 | 649.3184 | 656.0668 |
| September | 649.0991 | 631.3688 | 642.0698 |
| October | 641.3061 | 628.7957 | 634.9177 |
| November | 660.8029 | 597.5808 | 647.7313 |
| December | 667.6183 | 646.9914 | 656.4993 |