YEARLY HIGH
0.1150 EUR
YEARLY LOW
0.1063 EUR
YEARLY AVERAGE
0.1108 EUR

2023 SBD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1150. Conversely, the yearly low was recorded on July 14, dropping to 0.1063.

This high-to-low spread represents a total annual volatility of 0.0087 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1122 to the December average rate of 0.1083, the exchange rate registered a net change of -3.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1150 was down 9.91% compared to the 2022 peak of 0.1277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 575 EUR
2022 Average 584 EUR
Yearly Trough Low 531 EUR
Transaction Impact: A difference of 43.68 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1140
0.1076
JanuMarcMayJulySeptNove

SBD to EUR 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 0.1116, compared to 0.1099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1116
H2 Avg (Jul–Dec) 0.1099

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0050 EUR (High: 0.1122 / Low: 0.1072). On the other end, October was the most stable month, with a tight range of 0.0022 EUR (High: 0.1136 / Low: 0.1114).

November Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1122) against the same month in 2022 (average: 0.1094), the exchange rate shifted by +0.0028 (+2.55%).

2023 Avg (January) 0.1122
2022 Avg (January) 0.1094

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1150 0.1110 0.1122
February 0.1149 0.1101 0.1135
March 0.1150 0.1114 0.1134
April 0.1124 0.1078 0.1097
May 0.1122 0.1074 0.1104
June 0.1121 0.1093 0.1106
July 0.1101 0.1063 0.1081
August 0.1107 0.1084 0.1095
September 0.1137 0.1105 0.1115
October 0.1136 0.1114 0.1122
November 0.1122 0.1072 0.1096
December 0.1099 0.1067 0.1083