YEARLY HIGH
23293.8798 SLL
YEARLY LOW
18583.9777 SLL
YEARLY AVERAGE
20642.3526 SLL

2023 EUR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 23293.8798. Conversely, the yearly low was recorded on January 5, dropping to 18583.9777.

This high-to-low spread represents a total annual volatility of 4709.9021 SLL. From a start-to-finish perspective, comparing the January average rate of 19056.9277 to the December average rate of 22905.9282, the exchange rate registered a net change of 20.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 23293.8798 was up 22.93% compared to the 2022 peak of 18948.3530, 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 116,469,399 SLL
2022 Average 72,018,389 SLL
Yearly Trough Low 92,919,888 SLL
Transaction Impact: A difference of 23,549,510.49 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23305.9282
18505.9291
JanuMarcMayJulySeptNove

EUR to SLL 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 19113.3206, compared to 22171.3846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3058.0639 points.

H1 Avg (Jan–Jun) 19113.3206
H2 Avg (Jul–Dec) 22171.3846

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 3956.7397 SLL (High: 23132.3773 / Low: 19175.6376). On the other end, October was the most stable month, with a tight range of 421.7919 SLL (High: 22375.8203 / Low: 21954.0284).

July Spread (Volatile) ±3956.7397
October Spread (Stable) ±421.7919

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 485.4039 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -485.4039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 22905.9282) against the same month in 2022 (average: 18717.2507), the exchange rate shifted by +4188.6776 (+22.38%).

2023 Avg (December) 22905.9282
2022 Avg (December) 18717.2507

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19291.0630 18583.9777 19056.9277
February 19454.0317 18642.6386 18905.9290
March 19262.7067 18634.4380 18928.3773
April 19656.7387 19086.1551 19412.1205
May 19803.5896 18892.0379 19220.0765
June 19416.7821 18895.9785 19156.4926
July 23132.3773 19175.6376 20004.8681
August 23120.8232 22636.5458 22877.9272
September 22628.8999 22029.0997 22392.5233
October 22375.8203 21954.0284 22155.8867
November 23075.2809 22198.9206 22691.1737
December 23293.8798 22574.1860 22905.9282