YEARLY HIGH
43.0933 SRD
YEARLY LOW
33.2439 SRD
YEARLY AVERAGE
39.6107 SRD

2023 EUR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 43.0933. Conversely, the yearly low was recorded on January 5, dropping to 33.2439.

This high-to-low spread represents a total annual volatility of 9.8494 SRD. From a start-to-finish perspective, comparing the January average rate of 34.3244 to the December average rate of 40.8114, the exchange rate registered a net change of 18.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 43.0933 was up 26.30% compared to the 2022 peak of 34.1199, 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 215,466 SRD
2022 Average 127,121 SRD
Yearly Trough Low 166,220 SRD
Transaction Impact: A difference of 49,246.92 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.7859
33.5551
JanuMarcMayJulySeptNove

EUR 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 38.0725, compared to 41.1489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0764 points.

H1 Avg (Jan–Jun) 38.0725
H2 Avg (Jul–Dec) 41.1489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.8320 SRD (High: 39.2290 / Low: 35.3970). On the other end, October was the most stable month, with a tight range of 0.6541 SRD (High: 40.6303 / Low: 39.9762).

March Spread (Volatile) ±3.8320
October Spread (Stable) ±0.6541

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8572 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.8572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 42.0167) against the same month in 2022 (average: 23.3382), the exchange rate shifted by +18.6785 (+80.03%).

2023 Avg (July) 42.0167
2022 Avg (July) 23.3382

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.2585 33.2439 34.3244
February 35.9604 34.4719 35.1084
March 39.2290 35.3970 37.0716
April 41.5103 38.9956 40.4160
May 41.8123 39.8444 40.6296
June 41.9876 39.9254 40.8851
July 43.0933 40.2652 42.0167
August 42.4479 41.2207 41.7562
September 41.6508 40.1455 40.8989
October 40.6303 39.9762 40.3076
November 41.7175 40.3402 41.1025
December 41.2602 40.3524 40.8114