2023 EUR to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EUR to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EUR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 639.9325. Conversely, the yearly low was recorded on October 3, dropping to 597.6248.
This high-to-low spread represents a total annual volatility of 42.3077 SOS. From a start-to-finish perspective, comparing the January average rate of 613.5087 to the December average rate of 624.5367, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 639.9325 was down 4.46% compared to the 2022 peak of 669.7755, 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 SOS 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 615.0576, compared to 617.3114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2538 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 30.6974 SOS (High: 638.4458 / Low: 607.7484). On the other end, October was the most stable month, with a tight range of 11.9262 SOS (High: 609.5510 / Low: 597.6248).
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 August and September, when the average rate fell by 12.1993 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 628.9588) against the same month in 2022 (average: 587.2932), the exchange rate shifted by +41.6656 (+7.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 621.2647 | 598.6755 | 613.5087 |
| February | 626.0243 | 599.5791 | 608.6118 |
| March | 620.4229 | 600.0062 | 608.6179 |
| April | 632.5987 | 613.3968 | 624.2662 |
| May | 638.4458 | 607.7484 | 618.6294 |
| June | 625.2631 | 608.4236 | 616.7115 |
| July | 639.9325 | 617.3657 | 628.9588 |
| August | 628.1203 | 614.5448 | 621.0056 |
| September | 615.0567 | 599.9298 | 608.8062 |
| October | 609.5510 | 597.6248 | 603.1849 |
| November | 628.8907 | 604.3587 | 617.3762 |
| December | 634.5790 | 615.1691 | 624.5367 |