2023 SRD to STD Historical Review

YEARLY HIGH

723.2509 STD

YEARLY LOW

576.9274 STD

YEARLY AVERAGE

620.0693 STD

2023 SRD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 723.2509. Conversely, the yearly low was recorded on July 31, dropping to 576.9274.

This high-to-low spread represents a total annual volatility of 146.3235 STD. From a start-to-finish perspective, comparing the January average rate of 717.4192 to the December average rate of 596.3989, the exchange rate registered a net change of -16.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 723.2509 was down 33.85% compared to the 2022 peak of 1093.2834, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,616,255 STD

2022 Average 4,670,839 STD

Yearly Trough Low 2,884,637 STD

Transaction Impact: A difference of 731,617.74 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

730.9832

568.2153

JanuMarcMayJulySeptNove

SRD to STD 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 651.7983, compared to 588.3403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 63.4580 points.

H1 Avg (Jan–Jun) 651.7983

H2 Avg (Jul–Dec) 588.3403

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 48.5787 STD (High: 680.8660 / Low: 632.2873). On the other end, November was the most stable month, with a tight range of 5.4003 STD (High: 589.4656 / Low: 584.0653).

March Spread (Volatile) ±48.5787

November Spread (Stable) ±5.4003

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 39.3899 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -39.3899

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 717.4192) against the same month in 2022 (average: 999.7303), the exchange rate shifted by -282.3111 (-28.24%).

2023 Avg (January) 717.4192

2022 Avg (January) 999.7303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	723.2509	704.0422	717.4192
February	713.2497	673.3833	695.8991
March	680.8660	632.2873	660.1066
April	638.3708	610.1285	620.7167
May	615.0113	602.6136	611.2222
June	611.5016	595.5301	605.4262
July	616.8646	576.9274	598.9923
August	583.5223	577.8175	582.1889
September	585.4926	577.3011	581.7793
October	586.3786	580.7316	584.0725
November	589.4656	584.0653	586.6099
December	606.3817	588.1741	596.3989

૨૦૨૫ SRD થી STD ઐતિહાસિક સમીક્ષા