YEARLY HIGH
0.1023 GBP
YEARLY LOW
0.0910 GBP
YEARLY AVERAGE
0.0964 GBP

2023 SBD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1023. Conversely, the yearly low was recorded on July 13, dropping to 0.0910.

This high-to-low spread represents a total annual volatility of 0.0113 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0988 to the December average rate of 0.0934, the exchange rate registered a net change of -5.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1023 was down 10.39% compared to the 2022 peak of 0.1142, 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 512 GBP
2022 Average 498 GBP
Yearly Trough Low 455 GBP
Transaction Impact: A difference of 56.60 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1015
0.0920
JanuMarcMayJulySeptNove

SBD to GBP 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 0.0980, compared to 0.0949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0980
H2 Avg (Jul–Dec) 0.0949

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0049 GBP (High: 0.0977 / Low: 0.0928). On the other end, August was the most stable month, with a tight range of 0.0016 GBP (High: 0.0950 / Low: 0.0934).

November Spread (Volatile) ±0.0049
August Spread (Stable) ±0.0016

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 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1001) against the same month in 2022 (average: 0.0944), the exchange rate shifted by +0.0057 (+6.05%).

2023 Avg (March) 0.1001
2022 Avg (March) 0.0944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1016 0.0976 0.0988
February 0.1016 0.0979 0.1007
March 0.1023 0.0981 0.1001
April 0.0989 0.0954 0.0969
May 0.0975 0.0950 0.0963
June 0.0965 0.0935 0.0949
July 0.0946 0.0910 0.0928
August 0.0950 0.0934 0.0941
September 0.0985 0.0947 0.0961
October 0.0985 0.0962 0.0974
November 0.0977 0.0928 0.0954
December 0.0942 0.0924 0.0934