2023 SBD to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 21.9199. Conversely, the yearly low was recorded on November 25, dropping to 20.8953.
This high-to-low spread represents a total annual volatility of 1.0246 DJF. From a start-to-finish perspective, comparing the January average rate of 21.5076 to the December average rate of 21.0579, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 21.9199 was down 2.49% compared to the 2022 peak of 22.4807, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD to DJF 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 21.4740, compared to 21.1490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3250 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.5717 DJF (High: 21.9199 / Low: 21.3482). On the other end, May was the most stable month, with a tight range of 0.1430 DJF (High: 21.4398 / Low: 21.2968).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1662 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 21.6172) against the same month in 2022 (average: 21.9960), the exchange rate shifted by -0.3788 (-1.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.6679 | 21.3775 | 21.5076 |
| February | 21.9199 | 21.3482 | 21.6172 |
| March | 21.6901 | 21.4090 | 21.5874 |
| April | 21.6014 | 21.0805 | 21.4212 |
| May | 21.4398 | 21.2968 | 21.3596 |
| June | 21.4274 | 21.2321 | 21.3507 |
| July | 21.3459 | 20.9444 | 21.2381 |
| August | 21.4069 | 21.1176 | 21.2585 |
| September | 21.2917 | 21.0410 | 21.1930 |
| October | 21.2855 | 20.9326 | 21.0905 |
| November | 21.1811 | 20.8953 | 21.0559 |
| December | 21.2005 | 20.9257 | 21.0579 |