2023 SBD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 109.7926. Conversely, the yearly low was recorded on October 25, dropping to 105.9263.
This high-to-low spread represents a total annual volatility of 3.8664 KPW. From a start-to-finish perspective, comparing the January average rate of 108.9001 to the December average rate of 106.4152, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 109.7926 was down 2.48% compared to the 2022 peak of 112.5888, 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 KPW 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 108.6943, compared to 107.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6790 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 2.0588 KPW (High: 108.0333 / Low: 105.9745). On the other end, August was the most stable month, with a tight range of 0.4422 KPW (High: 107.8031 / Low: 107.3609).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8290 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 109.3093) against the same month in 2022 (average: 111.2678), the exchange rate shifted by -1.9585 (-1.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 109.5635 | 108.4425 | 108.9001 |
| February | 109.7926 | 108.8703 | 109.3093 |
| March | 109.7705 | 108.8703 | 109.3637 |
| April | 109.3260 | 107.9783 | 108.5347 |
| May | 108.4425 | 107.9025 | 108.0879 |
| June | 108.1725 | 107.7225 | 107.9701 |
| July | 108.0333 | 105.9745 | 107.5851 |
| August | 107.8031 | 107.3609 | 107.5437 |
| September | 107.5330 | 106.4693 | 107.1466 |
| October | 107.3530 | 105.9263 | 106.7217 |
| November | 107.5029 | 105.9707 | 106.6793 |
| December | 106.9029 | 106.0124 | 106.4152 |