YEARLY HIGH
0.1444 CDF
YEARLY LOW
0.1147 CDF
YEARLY AVERAGE
0.1225 CDF

2023 SLL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.1444. Conversely, the yearly low was recorded on January 18, dropping to 0.1147.

This high-to-low spread represents a total annual volatility of 0.0296 CDF. From a start-to-finish perspective, comparing the January average rate of 0.1160 to the December average rate of 0.1298, the exchange rate registered a net change of 11.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1444 was down 18.71% compared to the 2022 peak of 0.1776, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 722 CDF
2022 Average 752 CDF
Yearly Trough Low 574 CDF
Transaction Impact: A difference of 148.03 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1390
0.1139
JanuMarcMayJulySeptNove

SLL to CDF 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 0.1209, compared to 0.1241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1209
H2 Avg (Jul–Dec) 0.1241

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0265 CDF (High: 0.1444 / Low: 0.1179). On the other end, February was the most stable month, with a tight range of 0.0021 CDF (High: 0.1178 / Low: 0.1158).

July Spread (Volatile) ±0.0265
February Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0188 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1369) against the same month in 2022 (average: 0.1478), the exchange rate shifted by -0.0109 (-7.35%).

2023 Avg (July) 0.1369
2022 Avg (July) 0.1478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1172 0.1147 0.1160
February 0.1178 0.1158 0.1168
March 0.1181 0.1158 0.1171
April 0.1237 0.1158 0.1178
May 0.1322 0.1155 0.1239
June 0.1364 0.1316 0.1336
July 0.1444 0.1179 0.1369
August 0.1188 0.1164 0.1181
September 0.1194 0.1172 0.1184
October 0.1239 0.1178 0.1201
November 0.1298 0.1173 0.1213
December 0.1332 0.1271 0.1298