YEARLY HIGH
0.1422 SYP
YEARLY LOW
0.1198 SYP
YEARLY AVERAGE
0.1327 SYP

2023 SLL to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1422. Conversely, the yearly low was recorded on December 31, dropping to 0.1198.

This high-to-low spread represents a total annual volatility of 0.0224 SYP. From a start-to-finish perspective, comparing the January average rate of 0.1422 to the December average rate of 0.1198, the exchange rate registered a net change of -15.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1422 was down 36.14% compared to the 2022 peak of 0.2227, 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 711 SYP
2022 Average 936 SYP
Yearly Trough Low 599 SYP
Transaction Impact: A difference of 112.07 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1445
0.1176
JanuMarcMayJulySeptNove

SLL to SYP 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 0.1422, compared to 0.1231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 0.1422
H2 Avg (Jul–Dec) 0.1231

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0224 SYP (High: 0.1422 / Low: 0.1198). On the other end, December was the most stable month, with a tight range of 0.0000 SYP (High: 0.1198 / Low: 0.1198).

July Spread (Volatile) ±0.0224
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0195 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1422) against the same month in 2022 (average: 0.2213), the exchange rate shifted by -0.0791 (-35.74%).

2023 Avg (January) 0.1422
2022 Avg (January) 0.2213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1422 0.1422 0.1422
February 0.1422 0.1422 0.1422
March 0.1422 0.1422 0.1422
April 0.1422 0.1422 0.1422
May 0.1422 0.1422 0.1422
June 0.1422 0.1422 0.1422
July 0.1422 0.1198 0.1393
August 0.1198 0.1198 0.1198
September 0.1198 0.1198 0.1198
October 0.1198 0.1198 0.1198
November 0.1198 0.1198 0.1198
December 0.1198 0.1198 0.1198