2023 MXN to SRD Historical Review

YEARLY HIGH

2.3053 SRD

YEARLY LOW

1.6248 SRD

YEARLY AVERAGE

2.0697 SRD

2023 MXN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 2.3053. Conversely, the yearly low was recorded on January 2, dropping to 1.6248.

This high-to-low spread represents a total annual volatility of 0.6805 SRD. From a start-to-finish perspective, comparing the January average rate of 1.6780 to the December average rate of 2.1766, the exchange rate registered a net change of 29.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.3053 was up 38.96% compared to the 2022 peak of 1.6590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 115,263 SRD

2022 Average 60,417 SRD

Yearly Trough Low 81,239 SRD

Transaction Impact: A difference of 34,023.96 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3108

1.6204

JanuMarcMayJulySeptNove

MXN 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 1.9418, compared to 2.1976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2558 points.

H1 Avg (Jan–Jun) 1.9418

H2 Avg (Jul–Dec) 2.1976

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2109 SRD (High: 2.0035 / Low: 1.7926). On the other end, December was the most stable month, with a tight range of 0.0479 SRD (High: 2.2003 / Low: 2.1524).

March Spread (Volatile) ±0.2109

December Spread (Stable) ±0.0479

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 September and October, when the average rate fell by 0.1050 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.2458) against the same month in 2022 (average: 1.1166), the exchange rate shifted by +1.1292 (+101.13%).

2023 Avg (July) 2.2458

2022 Avg (July) 1.1166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7179	1.6248	1.6780
February	1.8439	1.6852	1.7648
March	2.0035	1.7926	1.8798
April	2.0798	1.9761	2.0356
May	2.1579	2.0749	2.1066
June	2.2298	2.1249	2.1864
July	2.3053	2.1700	2.2458
August	2.2867	2.2129	2.2533
September	2.2506	2.1604	2.2144
October	2.2011	2.0715	2.1094
November	2.2231	2.1338	2.1863
December	2.2003	2.1524	2.1766