YEARLY HIGH
0.0868 SRD
YEARLY LOW
0.0679 SRD
YEARLY AVERAGE
0.0802 SRD

2023 KZT to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0868. Conversely, the yearly low was recorded on January 4, dropping to 0.0679.

This high-to-low spread represents a total annual volatility of 0.0189 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0688 to the December average rate of 0.0814, the exchange rate registered a net change of 18.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0868 was up 25.89% compared to the 2022 peak of 0.0689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 434 SRD
2022 Average 262 SRD
Yearly Trough Low 339 SRD
Transaction Impact: A difference of 94.60 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0870
0.0671
JanuMarcMayJulySeptNove

KZT 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 0.0779, compared to 0.0825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0779
H2 Avg (Jul–Dec) 0.0825

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0065 SRD (High: 0.0802 / Low: 0.0737). On the other end, November was the most stable month, with a tight range of 0.0020 SRD (High: 0.0828 / Low: 0.0808).

March Spread (Volatile) ±0.0065
November Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0027 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0854) against the same month in 2022 (average: 0.0481), the exchange rate shifted by +0.0372 (+77.35%).

2023 Avg (July) 0.0854
2022 Avg (July) 0.0481

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0701 0.0679 0.0688
February 0.0758 0.0698 0.0727
March 0.0802 0.0737 0.0767
April 0.0836 0.0789 0.0814
May 0.0852 0.0824 0.0837
June 0.0857 0.0829 0.0840
July 0.0868 0.0829 0.0854
August 0.0867 0.0821 0.0845
September 0.0841 0.0796 0.0817
October 0.0818 0.0796 0.0801
November 0.0828 0.0808 0.0820
December 0.0824 0.0803 0.0814