YEARLY HIGH
56.7894 KMF
YEARLY LOW
52.2817 KMF
YEARLY AVERAGE
54.5911 KMF

2023 SBD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 56.7894. Conversely, the yearly low was recorded on July 17, dropping to 52.2817.

This high-to-low spread represents a total annual volatility of 4.5077 KMF. From a start-to-finish perspective, comparing the January average rate of 55.3023 to the December average rate of 53.3418, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 56.7894 was down 9.67% compared to the 2022 peak of 62.8690, 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 283,947 KMF
2022 Average 287,144 KMF
Yearly Trough Low 261,408 KMF
Transaction Impact: A difference of 22,538.38 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

56.2454
52.9891
JanuMarcMayJulySeptNove

SBD to KMF 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 55.0491, compared to 54.1331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9160 points.

H1 Avg (Jan–Jun) 55.0491
H2 Avg (Jul–Dec) 54.1331

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.6580 KMF (High: 55.5004 / Low: 52.8425). On the other end, August was the most stable month, with a tight range of 0.8992 KMF (High: 54.4255 / Low: 53.5262).

November Spread (Volatile) ±2.6580
August Spread (Stable) ±0.8992

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 1.8379 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 55.9740) against the same month in 2022 (average: 55.6119), the exchange rate shifted by +0.3622 (+0.65%).

2023 Avg (March) 55.9740
2022 Avg (March) 55.6119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.6322 54.7090 55.3023
February 56.6264 54.7329 55.8857
March 56.7894 54.8818 55.9740
April 54.9515 53.5962 54.1362
May 55.3564 53.6490 54.4322
June 55.3564 53.9256 54.5644
July 54.1963 52.2817 53.2604
August 54.4255 53.5262 53.9446
September 56.0785 54.3639 54.8736
October 55.9072 54.8286 55.2869
November 55.5004 52.8425 54.0912
December 54.1017 52.5522 53.3418