YEARLY HIGH
3.0026 SRD
YEARLY LOW
2.2467 SRD
YEARLY AVERAGE
2.7249 SRD

2023 SCR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 3.0026. Conversely, the yearly low was recorded on January 18, dropping to 2.2467.

This high-to-low spread represents a total annual volatility of 0.7559 SRD. From a start-to-finish perspective, comparing the January average rate of 2.3503 to the December average rate of 2.7823, the exchange rate registered a net change of 18.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0026 was up 21.90% compared to the 2022 peak of 2.4631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 15,013 SRD
2022 Average 8,968 SRD
Yearly Trough Low 11,234 SRD
Transaction Impact: A difference of 3,779.32 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9719
2.2938
JanuMarcMayJulySeptNove

SCR to SRD 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 2.5980, compared to 2.8519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2538 points.

H1 Avg (Jan–Jun) 2.5980
H2 Avg (Jul–Dec) 2.8519

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3683 SRD (High: 2.7572 / Low: 2.3888). On the other end, August was the most stable month, with a tight range of 0.1365 SRD (High: 2.9322 / Low: 2.7958).

March Spread (Volatile) ±0.3683
August Spread (Stable) ±0.1365

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0617 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.9154) against the same month in 2022 (average: 2.0155), the exchange rate shifted by +0.8999 (+44.65%).

2023 Avg (September) 2.9154
2022 Avg (September) 2.0155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4491 2.2467 2.3503
February 2.6027 2.2837 2.4228
March 2.7572 2.3888 2.5719
April 2.8473 2.5582 2.7237
May 2.8752 2.6511 2.7673
June 2.8693 2.6605 2.7522
July 2.9537 2.6571 2.8437
August 2.9322 2.7958 2.8622
September 3.0026 2.8075 2.9154
October 2.9953 2.7730 2.8636
November 2.9088 2.7620 2.8440
December 2.9200 2.6429 2.7823