YEARLY HIGH
0.0678 SRD
YEARLY LOW
0.0554 SRD
YEARLY AVERAGE
0.0643 SRD

2023 SOS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.0678. Conversely, the yearly low was recorded on January 7, dropping to 0.0554.

This high-to-low spread represents a total annual volatility of 0.0124 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0559 to the December average rate of 0.0654, the exchange rate registered a net change of 16.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0678 was up 20.64% compared to the 2022 peak of 0.0562, 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 339 SRD
2022 Average 211 SRD
Yearly Trough Low 277 SRD
Transaction Impact: A difference of 62.15 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0684
0.0548
JanuMarcMayJulySeptNove

SOS 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 0.0619, compared to 0.0667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0619
H2 Avg (Jul–Dec) 0.0667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0045 SRD (High: 0.0635 / Low: 0.0590). On the other end, October was the most stable month, with a tight range of 0.0008 SRD (High: 0.0673 / Low: 0.0665).

March Spread (Volatile) ±0.0045
October Spread (Stable) ±0.0008

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 November and December, when the average rate fell by 0.0012 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0668) against the same month in 2022 (average: 0.0397), the exchange rate shifted by +0.0271 (+68.08%).

2023 Avg (July) 0.0668
2022 Avg (July) 0.0397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0570 0.0554 0.0559
February 0.0596 0.0563 0.0577
March 0.0635 0.0590 0.0609
April 0.0661 0.0628 0.0647
May 0.0666 0.0652 0.0657
June 0.0674 0.0654 0.0663
July 0.0678 0.0649 0.0668
August 0.0678 0.0669 0.0672
September 0.0677 0.0667 0.0672
October 0.0673 0.0665 0.0668
November 0.0673 0.0661 0.0666
December 0.0662 0.0642 0.0654