YEARLY HIGH
0.0215 SRD
YEARLY LOW
0.0021 SRD
YEARLY AVERAGE
0.0043 SRD

2023 LBP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0215. Conversely, the yearly low was recorded on February 6, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0194 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0025, the exchange rate registered a net change of -88.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0215 was up 1.76% compared to the 2022 peak of 0.0211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 108 SRD
2022 Average 80 SRD
Yearly Trough Low 10 SRD
Transaction Impact: A difference of 97.10 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0229
0.0004
JanuMarcMayJulySeptNove

LBP 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 0.0060, compared to 0.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0060
H2 Avg (Jul–Dec) 0.0025

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0194 SRD (High: 0.0215 / Low: 0.0021). On the other end, October was the most stable month, with a tight range of 0.0000 SRD (High: 0.0026 / Low: 0.0025).

February Spread (Volatile) ±0.0194
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and September, 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 January and February, when the average rate fell by 0.0154 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0056) against the same month in 2022 (average: 0.0136), the exchange rate shifted by -0.0080 (-58.89%).

2023 Avg (February) 0.0056
2022 Avg (February) 0.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0214 0.0207 0.0210
February 0.0215 0.0021 0.0056
March 0.0024 0.0022 0.0023
April 0.0025 0.0024 0.0024
May 0.0025 0.0024 0.0025
June 0.0025 0.0025 0.0025
July 0.0026 0.0024 0.0025
August 0.0026 0.0025 0.0025
September 0.0026 0.0025 0.0025
October 0.0026 0.0025 0.0025
November 0.0026 0.0025 0.0025
December 0.0025 0.0024 0.0025