2023 SDG to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SDG to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SDG to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 4.6017. Conversely, the yearly low was recorded on October 9, dropping to 4.1771.
This high-to-low spread represents a total annual volatility of 0.4246 SYP. From a start-to-finish perspective, comparing the January average rate of 4.3558 to the December average rate of 4.1806, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 4.6017 was down 19.95% compared to the 2022 peak of 5.7483, 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 SYP 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 4.2461, compared to 4.1829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0633 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 0.4211 SYP (High: 4.6017 / Low: 4.1806). On the other end, December was the most stable month, with a tight range of 0.0000 SYP (High: 4.1806 / Low: 4.1806).
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 January and February, when the average rate fell by 0.0652 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 4.1986) against the same month in 2022 (average: 4.4151), the exchange rate shifted by -0.2165 (-4.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.4171 | 4.3134 | 4.3558 |
| February | 4.3060 | 4.2621 | 4.2906 |
| March | 4.4171 | 4.2192 | 4.2617 |
| April | 4.3887 | 4.1841 | 4.2028 |
| May | 4.1980 | 4.1806 | 4.1869 |
| June | 4.1841 | 4.1771 | 4.1791 |
| July | 4.1841 | 4.1771 | 4.1801 |
| August | 4.1806 | 4.1771 | 4.1782 |
| September | 4.1841 | 4.1771 | 4.1787 |
| October | 4.1876 | 4.1771 | 4.1811 |
| November | 4.6017 | 4.1806 | 4.1986 |
| December | 4.1806 | 4.1806 | 4.1806 |