YEARLY HIGH
0.2895 SRD
YEARLY LOW
0.2122 SRD
YEARLY AVERAGE
0.2598 SRD

2023 HTG to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.2895. Conversely, the yearly low was recorded on January 19, dropping to 0.2122.

This high-to-low spread represents a total annual volatility of 0.0773 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2143 to the December average rate of 0.2826, the exchange rate registered a net change of 31.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2895 was up 20.25% compared to the 2022 peak of 0.2407, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,447 SRD
2022 Average 1,027 SRD
Yearly Trough Low 1,061 SRD
Transaction Impact: A difference of 386.39 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2939
0.2071
JanuMarcMayJulySeptNove

HTG 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 0.2372, compared to 0.2824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0452 points.

H1 Avg (Jan–Jun) 0.2372
H2 Avg (Jul–Dec) 0.2824

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0252 SRD (High: 0.2662 / Low: 0.2410). On the other end, August was the most stable month, with a tight range of 0.0037 SRD (High: 0.2830 / Low: 0.2793).

May Spread (Volatile) ±0.0252
August Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0041 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2867) against the same month in 2022 (average: 0.2242), the exchange rate shifted by +0.0624 (+27.85%).

2023 Avg (November) 0.2867
2022 Avg (November) 0.2242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2186 0.2122 0.2143
February 0.2255 0.2124 0.2185
March 0.2334 0.2201 0.2252
April 0.2454 0.2298 0.2372
May 0.2662 0.2410 0.2570
June 0.2767 0.2646 0.2707
July 0.2817 0.2670 0.2759
August 0.2830 0.2793 0.2812
September 0.2854 0.2813 0.2831
October 0.2890 0.2818 0.2848
November 0.2895 0.2846 0.2867
December 0.2860 0.2781 0.2826