YEARLY HIGH
10.6691 KGS
YEARLY LOW
10.1306 KGS
YEARLY AVERAGE
10.5261 KGS

2023 SBD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 10.6691. Conversely, the yearly low was recorded on January 8, dropping to 10.1306.

This high-to-low spread represents a total annual volatility of 0.5384 KGS. From a start-to-finish perspective, comparing the January average rate of 10.3558 to the December average rate of 10.5390, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.6691 was down 16.54% compared to the 2022 peak of 12.7838, 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 53,345 KGS
2022 Average 51,791 KGS
Yearly Trough Low 50,653 KGS
Transaction Impact: A difference of 2,692.10 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.6495
10.3291
JanuMarcMayJulySeptNove

SBD to KGS 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 10.5146, compared to 10.5376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0230 points.

H1 Avg (Jan–Jun) 10.5146
H2 Avg (Jul–Dec) 10.5376

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.3570 KGS (High: 10.4877 / Low: 10.1306). On the other end, June was the most stable month, with a tight range of 0.0428 KGS (High: 10.5102 / Low: 10.4674).

January Spread (Volatile) ±0.3570
June Spread (Stable) ±0.0428

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0733 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 10.5686) against the same month in 2022 (average: 10.2098), the exchange rate shifted by +0.3589 (+3.51%).

2023 Avg (November) 10.5686
2022 Avg (November) 10.2098

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4877 10.1306 10.3558
February 10.6187 10.4493 10.5624
March 10.6624 10.5749 10.6228
April 10.6192 10.5003 10.5495
May 10.5445 10.4748 10.5050
June 10.5102 10.4674 10.4918
July 10.5288 10.3137 10.4856
August 10.5731 10.4862 10.5247
September 10.5992 10.4556 10.5412
October 10.6274 10.4918 10.5663
November 10.6691 10.4354 10.5686
December 10.5730 10.5052 10.5390