YEARLY HIGH
2511.9711 SLL
YEARLY LOW
2080.0437 SLL
YEARLY AVERAGE
2284.7504 SLL

2023 SBD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 2511.9711. Conversely, the yearly low was recorded on July 6, dropping to 2080.0437.

This high-to-low spread represents a total annual volatility of 431.9274 SLL. From a start-to-finish perspective, comparing the January average rate of 2137.4660 to the December average rate of 2479.4155, the exchange rate registered a net change of 16.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2511.9711 was up 16.56% compared to the 2022 peak of 2155.0938, 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 12,559,855 SLL
2022 Average 8,425,700 SLL
Yearly Trough Low 10,400,219 SLL
Transaction Impact: A difference of 2,159,636.85 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2544.3569
2080.5635
JanuMarcMayJulySeptNove

SBD to SLL 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 2133.4275, compared to 2436.0734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 302.6459 points.

H1 Avg (Jan–Jun) 2133.4275
H2 Avg (Jul–Dec) 2436.0734

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 431.9274 SLL (High: 2511.9711 / Low: 2080.0437). On the other end, June was the most stable month, with a tight range of 8.8332 SLL (High: 2123.1861 / Low: 2114.3529).

July Spread (Volatile) ±431.9274
June Spread (Stable) ±8.8332

Growth Streaks & Declines

Trends

Between 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 16.2708 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.2708

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2162.7340) against the same month in 2022 (average: 1658.6327), the exchange rate shifted by +504.1013 (+30.39%).

2023 Avg (July) 2162.7340
2022 Avg (July) 1658.6327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2150.4871 2128.4858 2137.4660
February 2154.9852 2136.8811 2145.4987
March 2154.5507 2136.8811 2146.5659
April 2145.8266 2119.3746 2130.2951
May 2128.4858 2117.8861 2121.5262
June 2123.1861 2114.3529 2119.2129
July 2511.9711 2080.0437 2162.7340
August 2511.7523 2501.4488 2505.7075
September 2505.4603 2480.6758 2496.4574
October 2501.2659 2468.0229 2486.5564
November 2504.7585 2469.0583 2485.5695
December 2490.7793 2470.0291 2479.4155