2023 SDG to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SDG to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SDG to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 40.8092. Conversely, the yearly low was recorded on October 9, dropping to 37.0437.
This high-to-low spread represents a total annual volatility of 3.7654 STD. From a start-to-finish perspective, comparing the January average rate of 39.5686 to the December average rate of 37.0745, the exchange rate registered a net change of -6.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 40.8092 was down 21.26% compared to the 2022 peak of 51.8256, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SDG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SDG 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 38.5722, compared to 37.2260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3463 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 3.7346 STD (High: 40.8092 / Low: 37.0745). On the other end, December was the most stable month, with a tight range of 0.0000 STD (High: 37.0745 / Low: 37.0745).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8022 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 37.2341) against the same month in 2022 (average: 40.1156), the exchange rate shifted by -2.8816 (-7.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.1248 | 39.1828 | 39.5686 |
| February | 39.1157 | 38.7175 | 38.9765 |
| March | 40.1248 | 38.3274 | 38.7133 |
| April | 39.8672 | 38.0083 | 38.1782 |
| May | 38.1353 | 37.9767 | 38.0339 |
| June | 38.0083 | 37.9451 | 37.9630 |
| July | 38.0083 | 37.0437 | 37.8558 |
| August | 37.0745 | 37.0437 | 37.0537 |
| September | 37.1054 | 37.0437 | 37.0581 |
| October | 37.1363 | 37.0437 | 37.0795 |
| November | 40.8092 | 37.0745 | 37.2341 |
| December | 37.0745 | 37.0745 | 37.0745 |