YEARLY HIGH
0.0105 LRD
YEARLY LOW
0.0087 LRD
YEARLY AVERAGE
0.0092 LRD

2023 SLL to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.0105. Conversely, the yearly low was recorded on March 26, dropping to 0.0087.

This high-to-low spread represents a total annual volatility of 0.0018 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0088 to the December average rate of 0.0090, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0105 was down 22.44% compared to the 2022 peak of 0.0135, 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 52 LRD
2022 Average 57 LRD
Yearly Trough Low 44 LRD
Transaction Impact: A difference of 8.95 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0103
0.0087
JanuMarcMayJulySeptNove

SLL to LRD 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 0.0092, compared to 0.0091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0092
H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0017 LRD (High: 0.0105 / Low: 0.0088). On the other end, November was the most stable month, with a tight range of 0.0000 LRD (High: 0.0090 / Low: 0.0089).

July Spread (Volatile) ±0.0017
November Spread (Stable) ±0.0000

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 0.0013 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0102) against the same month in 2022 (average: 0.0113), the exchange rate shifted by -0.0011 (-9.69%).

2023 Avg (July) 0.0102
2022 Avg (July) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0089 0.0087 0.0088
February 0.0090 0.0087 0.0089
March 0.0092 0.0087 0.0090
April 0.0094 0.0092 0.0092
May 0.0096 0.0094 0.0095
June 0.0102 0.0096 0.0099
July 0.0105 0.0088 0.0102
August 0.0089 0.0089 0.0089
September 0.0089 0.0089 0.0089
October 0.0089 0.0089 0.0089
November 0.0090 0.0089 0.0090
December 0.0090 0.0089 0.0090