YEARLY HIGH
16.3389 SYP
YEARLY LOW
13.3308 SYP
YEARLY AVERAGE
14.4709 SYP

2023 LRD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 16.3389. Conversely, the yearly low was recorded on December 31, dropping to 13.3308.

This high-to-low spread represents a total annual volatility of 3.0081 SYP. From a start-to-finish perspective, comparing the January average rate of 16.1713 to the December average rate of 13.3482, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.3389 was down 5.62% compared to the 2022 peak of 17.3127, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,695 SYP
2022 Average 82,185 SYP
Yearly Trough Low 66,654 SYP
Transaction Impact: A difference of 15,040.34 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.4536
13.0659
JanuMarcMayJulySeptNove

LRD 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 15.4723, compared to 13.4695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0028 points.

H1 Avg (Jan–Jun) 15.4723
H2 Avg (Jul–Dec) 13.4695

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.9053 SYP (High: 14.8561 / Low: 13.9507). On the other end, November was the most stable month, with a tight range of 0.0445 SYP (High: 13.4002 / Low: 13.3556).

June Spread (Volatile) ±0.9053
November Spread (Stable) ±0.0445

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7164 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.7164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 16.1713) against the same month in 2022 (average: 16.8188), the exchange rate shifted by -0.6475 (-3.85%).

2023 Avg (January) 16.1713
2022 Avg (January) 16.8188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.3389 16.0289 16.1713
February 16.3389 15.8021 16.0599
March 16.3389 15.4808 15.7584
April 15.4855 15.2044 15.4034
May 15.1929 14.8561 15.0470
June 14.8561 13.9507 14.3937
July 13.9507 13.4792 13.6773
August 13.5085 13.4576 13.4858
September 13.5085 13.4612 13.4831
October 13.4684 13.4002 13.4444
November 13.4002 13.3556 13.3783
December 13.3966 13.3308 13.3482