2023 LSL to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LSL to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LSL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 149.3775. Conversely, the yearly low was recorded on June 1, dropping to 127.0556.
This high-to-low spread represents a total annual volatility of 22.3219 SYP. From a start-to-finish perspective, comparing the January average rate of 146.9046 to the December average rate of 134.5996, the exchange rate registered a net change of -8.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 149.3775 was down 13.66% compared to the 2022 peak of 173.0049, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LSL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LSL to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 138.2839, compared to 134.2860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.9979 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 11.1790 SYP (High: 138.2346 / Low: 127.0556). On the other end, September was the most stable month, with a tight range of 3.4605 SYP (High: 134.1545 / Low: 130.6940).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 6.5098 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 146.9046) against the same month in 2022 (average: 162.2840), the exchange rate shifted by -15.3794 (-9.48%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 149.3775 | 144.1050 | 146.9046 |
| February | 147.0176 | 136.3099 | 140.4025 |
| March | 140.9228 | 134.9645 | 137.5622 |
| April | 141.5223 | 136.3979 | 138.5494 |
| May | 137.4469 | 127.2395 | 132.0397 |
| June | 138.2346 | 127.0556 | 134.2452 |
| July | 142.9276 | 132.4801 | 137.9458 |
| August | 139.4566 | 128.9469 | 133.6702 |
| September | 134.1545 | 130.6940 | 132.5269 |
| October | 133.7113 | 129.2668 | 131.8560 |
| November | 138.2857 | 128.2004 | 135.1175 |
| December | 137.5920 | 131.5282 | 134.5996 |