YEARLY HIGH
0.3309 LRD
YEARLY LOW
0.2680 LRD
YEARLY AVERAGE
0.3067 LRD

2023 SOS to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.3309. Conversely, the yearly low was recorded on February 5, dropping to 0.2680.

This high-to-low spread represents a total annual volatility of 0.0629 LRD. From a start-to-finish perspective, comparing the January average rate of 0.2732 to the December average rate of 0.3292, the exchange rate registered a net change of 20.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3309 was up 20.06% compared to the 2022 peak of 0.2756, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,654 LRD
2022 Average 1,329 LRD
Yearly Trough Low 1,340 LRD
Transaction Impact: A difference of 314.29 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3348
0.2676
JanuMarcMayJulySeptNove

SOS 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 0.2862, compared to 0.3272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0410 points.

H1 Avg (Jan–Jun) 0.2862
H2 Avg (Jul–Dec) 0.3272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0198 LRD (High: 0.3168 / Low: 0.2970). On the other end, October was the most stable month, with a tight range of 0.0018 LRD (High: 0.3283 / Low: 0.3265).

June Spread (Volatile) ±0.0198
October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3292) against the same month in 2022 (average: 0.2710), the exchange rate shifted by +0.0582 (+21.47%).

2023 Avg (November) 0.3292
2022 Avg (November) 0.2710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2758 0.2705 0.2732
February 0.2798 0.2680 0.2751
March 0.2873 0.2703 0.2808
April 0.2930 0.2851 0.2871
May 0.2976 0.2910 0.2937
June 0.3168 0.2970 0.3071
July 0.3274 0.3168 0.3230
August 0.3299 0.3264 0.3273
September 0.3276 0.3257 0.3269
October 0.3283 0.3265 0.3274
November 0.3309 0.3282 0.3292
December 0.3301 0.3272 0.3292