YEARLY HIGH
676.0189 SDG
YEARLY LOW
597.5808 SDG
YEARLY AVERAGE
645.3996 SDG

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.

Transfer Payout Power Comparison

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

Yearly Peak High 3,380,095 SDG
2022 Average 2,618,715 SDG
Yearly Trough Low 2,987,904 SDG
Transaction Impact: A difference of 392,190.67 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

668.9366
618.0913
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 640.4684
H2 Avg (Jul–Dec) 650.3308

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±63.2221
October Spread (Stable) ±12.5104

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 August and September, when the average rate fell by 13.9970 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -13.9970

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (July) 664.6995
2022 Avg (July) 465.2814

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