2023 SBD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 69.9944. Conversely, the yearly low was recorded on July 6, dropping to 67.0162.
This high-to-low spread represents a total annual volatility of 2.9782 SOS. From a start-to-finish perspective, comparing the January average rate of 68.8127 to the December average rate of 67.6020, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 69.9944 was down 3.91% compared to the 2022 peak of 72.8416, 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 SOS 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 68.6527, compared to 67.8002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8525 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.8278 SOS (High: 69.9944 / Low: 68.1666). On the other end, May was the most stable month, with a tight range of 0.5985 SOS (High: 68.5779 / Low: 67.9794).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5124 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 69.0669) against the same month in 2022 (average: 71.8844), the exchange rate shifted by -2.8175 (-3.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.2793 | 68.2732 | 68.8127 |
| February | 69.9944 | 68.1666 | 69.0669 |
| March | 69.3591 | 68.3583 | 69.0199 |
| April | 69.0576 | 67.6651 | 68.5075 |
| May | 68.5779 | 67.9794 | 68.2847 |
| June | 68.4143 | 67.7891 | 68.2248 |
| July | 68.2410 | 67.0162 | 67.9877 |
| August | 68.3092 | 67.5455 | 68.0159 |
| September | 68.3135 | 67.3569 | 67.8740 |
| October | 68.1603 | 67.1552 | 67.6956 |
| November | 68.0940 | 67.0633 | 67.6264 |
| December | 67.9401 | 67.2978 | 67.6020 |