2023 SHP to DJF Historical Review

YEARLY HIGH

233.3793 DJF

YEARLY LOW

210.3706 DJF

YEARLY AVERAGE

221.1682 DJF

2023 SHP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SHP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 233.3793. Conversely, the yearly low was recorded on March 7, dropping to 210.3706.

This high-to-low spread represents a total annual volatility of 23.0087 DJF. From a start-to-finish perspective, comparing the January average rate of 217.6402 to the December average rate of 225.5795, the exchange rate registered a net change of 3.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 233.3793 was down 4.40% compared to the 2022 peak of 244.1248, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,166,897 DJF

2022 Average 1,100,919 DJF

Yearly Trough Low 1,051,853 DJF

Transaction Impact: A difference of 115,043.48 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

230.2275

213.3169

JanuMarcMayJulySeptNove

SHP to DJF 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 219.3201, compared to 223.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6962 points.

H1 Avg (Jan–Jun) 219.3201

H2 Avg (Jul–Dec) 223.0163

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 9.8950 DJF (High: 220.2657 / Low: 210.3706). On the other end, August was the most stable month, with a tight range of 4.1761 DJF (High: 227.8481 / Low: 223.6720).

March Spread (Volatile) ±9.8950

August Spread (Stable) ±4.1761

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 5.4461 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -5.4461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 228.8183) against the same month in 2022 (average: 213.6745), the exchange rate shifted by +15.1439 (+7.09%).

2023 Avg (July) 228.8183

2022 Avg (July) 213.6745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	220.7138	211.3845	217.6402
February	220.0821	212.3621	214.7261
March	220.2657	210.3706	215.6538
April	223.7731	218.4836	221.0759
May	224.7567	219.1909	221.9077
June	228.9084	220.9657	224.9169
July	233.3793	224.5900	228.8183
August	227.8481	223.6720	225.9598
September	224.4679	216.2047	220.5137
October	219.1668	214.9252	216.4629
November	226.6114	216.7611	220.7638
December	227.7846	223.5268	225.5795