YEARLY HIGH
19.0655 SYP
YEARLY LOW
16.0988 SYP
YEARLY AVERAGE
17.7962 SYP

2023 HTG to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 19.0655. Conversely, the yearly low was recorded on April 18, dropping to 16.0988.

This high-to-low spread represents a total annual volatility of 2.9668 SYP. From a start-to-finish perspective, comparing the January average rate of 16.9263 to the December average rate of 19.0015, the exchange rate registered a net change of 12.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.0655 was down 25.06% compared to the 2022 peak of 25.4419, 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 95,328 SYP
2022 Average 108,154 SYP
Yearly Trough Low 80,494 SYP
Transaction Impact: A difference of 14,833.81 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.2812
15.9253
JanuMarcMayJulySeptNove

HTG to SYP 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 16.9259, compared to 18.6664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7405 points.

H1 Avg (Jan–Jun) 16.9259
H2 Avg (Jul–Dec) 18.6664

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.7203 SYP (High: 17.9540 / Low: 16.2337). On the other end, December was the most stable month, with a tight range of 0.1383 SYP (High: 19.0512 / Low: 18.9129).

May Spread (Volatile) ±1.7203
December Spread (Stable) ±0.1383

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3685 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.3685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 18.9623) against the same month in 2022 (average: 18.6006), the exchange rate shifted by +0.3617 (+1.94%).

2023 Avg (November) 18.9623
2022 Avg (November) 18.6006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.0293 16.8062 16.9263
February 16.8601 16.5815 16.7299
March 16.6641 16.1620 16.3613
April 16.5331 16.0988 16.2049
May 17.9540 16.2337 17.2927
June 18.2539 17.8151 18.0403
July 18.4188 18.0459 18.2465
August 18.5480 18.3487 18.4595
September 18.6801 18.4206 18.5733
October 18.9358 18.5023 18.7555
November 19.0655 18.9141 18.9623
December 19.0512 18.9129 19.0015