YEARLY HIGH
0.0022 SRD
YEARLY LOW
0.0018 SRD
YEARLY AVERAGE
0.0019 SRD

2023 SLL to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0022. Conversely, the yearly low was recorded on December 31, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0004 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0018 to the December average rate of 0.0018, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0022 was up 5.40% compared to the 2022 peak of 0.0021, 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 11 SRD
2022 Average 9 SRD
Yearly Trough Low 9 SRD
Transaction Impact: A difference of 2.12 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0022
0.0017
JanuMarcMayJulySeptNove

SLL to SRD 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 0.0020, compared to 0.0019 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) 0.0020
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0003 SRD (High: 0.0022 / Low: 0.0018). On the other end, November was the most stable month, with a tight range of 0.0000 SRD (High: 0.0018 / Low: 0.0018).

July Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and June, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0021) against the same month in 2022 (average: 0.0017), the exchange rate shifted by +0.0004 (+24.49%).

2023 Avg (July) 0.0021
2022 Avg (July) 0.0017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0018 0.0018 0.0018
February 0.0019 0.0018 0.0019
March 0.0020 0.0019 0.0020
April 0.0021 0.0020 0.0021
May 0.0021 0.0021 0.0021
June 0.0022 0.0021 0.0021
July 0.0022 0.0018 0.0021
August 0.0018 0.0018 0.0018
September 0.0018 0.0018 0.0018
October 0.0018 0.0018 0.0018
November 0.0018 0.0018 0.0018
December 0.0018 0.0018 0.0018