2023 EUR to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 EUR to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the EUR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 25662.2335. Conversely, the yearly low was recorded on October 3, dropping to 23327.9415.
This high-to-low spread represents a total annual volatility of 2334.2920 STD. From a start-to-finish perspective, comparing the January average rate of 24622.4250 to the December average rate of 24339.4126, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 25662.2335 was up 3.39% compared to the 2022 peak of 24821.1968, 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 STD 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 24695.2872, compared to 24209.9255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 485.3617 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 1177.7667 STD (High: 25587.1464 / Low: 24409.3797). On the other end, October was the most stable month, with a tight range of 448.1882 STD (High: 23776.1298 / Low: 23327.9415).
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 July and August, when the average rate fell by 853.2929 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 25162.9521) against the same month in 2022 (average: 22716.3572), the exchange rate shifted by +2446.5950 (+10.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24924.9385 | 24011.3519 | 24622.4250 |
| February | 25135.5015 | 24087.1444 | 24427.3277 |
| March | 24888.3008 | 24076.5489 | 24456.3320 |
| April | 25397.4083 | 24660.1881 | 25081.3503 |
| May | 25587.1464 | 24409.3797 | 24833.2208 |
| June | 25087.3733 | 24414.4712 | 24751.0673 |
| July | 25662.2335 | 24502.7811 | 25162.9521 |
| August | 24567.7560 | 24053.1718 | 24309.6592 |
| September | 24045.0474 | 23407.7109 | 23793.8780 |
| October | 23776.1298 | 23327.9415 | 23542.4324 |
| November | 24519.3636 | 23588.1594 | 24111.2184 |
| December | 24751.6427 | 23986.9095 | 24339.4126 |