2023 SBD to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 2784.3398. Conversely, the yearly low was recorded on October 25, dropping to 2622.4752.
This high-to-low spread represents a total annual volatility of 161.8646 STD. From a start-to-finish perspective, comparing the January average rate of 2761.7042 to the December average rate of 2634.5807, the exchange rate registered a net change of -4.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 2784.3398 was down 4.14% compared to the 2022 peak of 2904.5410, 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 STD 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 2756.4862, compared to 2658.8421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 97.6441 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 70.5492 STD (High: 2739.7229 / Low: 2669.1737). On the other end, August was the most stable month, with a tight range of 10.9484 STD (High: 2668.9412 / Low: 2657.9929).
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 July and August, when the average rate fell by 57.4582 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 2772.0827) against the same month in 2022 (average: 2614.2974), the exchange rate shifted by +157.7853 (+6.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2778.5280 | 2750.1014 | 2761.7042 |
| February | 2784.3398 | 2760.9484 | 2772.0827 |
| March | 2783.7784 | 2760.9484 | 2773.4617 |
| April | 2772.5064 | 2738.3292 | 2752.4390 |
| May | 2750.1014 | 2736.4060 | 2741.1092 |
| June | 2743.2539 | 2731.8410 | 2738.1204 |
| July | 2739.7229 | 2669.1737 | 2719.9763 |
| August | 2668.9412 | 2657.9929 | 2662.5181 |
| September | 2662.2554 | 2635.9199 | 2652.6891 |
| October | 2657.7985 | 2622.4752 | 2642.1685 |
| November | 2661.5097 | 2623.5754 | 2641.1199 |
| December | 2646.6557 | 2624.6069 | 2634.5807 |