YEARLY HIGH
239.2716 SLL
YEARLY LOW
201.0356 SLL
YEARLY AVERAGE
217.0362 SLL

2023 KGS to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 239.2716. Conversely, the yearly low was recorded on July 23, dropping to 201.0356.

This high-to-low spread represents a total annual volatility of 38.2360 SLL. From a start-to-finish perspective, comparing the January average rate of 206.4189 to the December average rate of 235.2617, the exchange rate registered a net change of 13.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 239.2716 was up 13.77% compared to the 2022 peak of 210.3028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,196,358 SLL
2022 Average 818,837 SLL
Yearly Trough Low 1,005,178 SLL
Transaction Impact: A difference of 191,179.91 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

241.6942
198.3184
JanuMarcMayJulySeptNove

KGS to SLL 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 202.9154, compared to 231.1569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.2415 points.

H1 Avg (Jan–Jun) 202.9154
H2 Avg (Jul–Dec) 231.1569

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 38.2360 SLL (High: 239.2716 / Low: 201.0356). On the other end, March was the most stable month, with a tight range of 0.0092 SLL (High: 202.0797 / Low: 202.0705).

July Spread (Volatile) ±38.2360
March Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.2898 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.2898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 206.2517) against the same month in 2022 (average: 167.7009), the exchange rate shifted by +38.5508 (+22.99%).

2023 Avg (July) 206.2517
2022 Avg (July) 167.7009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 210.1145 205.0493 206.4189
February 205.0493 202.0705 203.1291
March 202.0797 202.0705 202.0710
April 202.0705 201.8396 201.9331
May 202.3482 201.6783 201.9534
June 202.5768 201.6783 201.9872
July 239.2716 201.0356 206.2517
August 238.9499 237.5609 238.0795
September 237.6023 236.3826 236.8297
October 236.3826 234.7682 235.3318
November 236.6034 234.7682 235.1871
December 235.9687 234.7682 235.2617