YEARLY HIGH
0.4403 SRD
YEARLY LOW
0.3688 SRD
YEARLY AVERAGE
0.4164 SRD

2023 KGS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.4403. Conversely, the yearly low was recorded on January 14, dropping to 0.3688.

This high-to-low spread represents a total annual volatility of 0.0715 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3718 to the December average rate of 0.4192, the exchange rate registered a net change of 12.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4403 was up 16.34% compared to the 2022 peak of 0.3785, 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 2,202 SRD
2022 Average 1,445 SRD
Yearly Trough Low 1,844 SRD
Transaction Impact: A difference of 357.67 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4408
0.3655
JanuMarcMayJulySeptNove

KGS 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 0.4038, compared to 0.4289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 0.4038
H2 Avg (Jul–Dec) 0.4289

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0295 SRD (High: 0.4129 / Low: 0.3835). On the other end, November was the most stable month, with a tight range of 0.0046 SRD (High: 0.4280 / Low: 0.4234).

March Spread (Volatile) ±0.0295
November Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0068 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4331) against the same month in 2022 (average: 0.2838), the exchange rate shifted by +0.1493 (+52.62%).

2023 Avg (July) 0.4331
2022 Avg (July) 0.2838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3766 0.3688 0.3718
February 0.3877 0.3708 0.3772
March 0.4129 0.3835 0.3957
April 0.4274 0.4090 0.4204
May 0.4338 0.4251 0.4269
June 0.4390 0.4261 0.4311
July 0.4403 0.4232 0.4331
August 0.4393 0.4328 0.4345
September 0.4373 0.4290 0.4326
October 0.4324 0.4254 0.4281
November 0.4280 0.4234 0.4260
December 0.4241 0.4125 0.4192