2023 SRD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SRD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SRD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 22.0658. Conversely, the yearly low was recorded on January 1, dropping to 5.5559.
This high-to-low spread represents a total annual volatility of 16.5099 ARS. From a start-to-finish perspective, comparing the January average rate of 5.7215 to the December average rate of 16.9543, the exchange rate registered a net change of 196.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 22.0658 was up 286.72% compared to the 2022 peak of 5.7059, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SRD to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.0061, compared to 9.9928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.9867 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 12.5281 ARS (High: 22.0658 / Low: 9.5377). On the other end, October was the most stable month, with a tight range of 0.0915 ARS (High: 9.2116 / Low: 9.1202).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0043 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 16.9543) against the same month in 2022 (average: 5.4388), the exchange rate shifted by +11.5155 (+211.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.8369 | 5.5559 | 5.7215 |
| February | 5.9244 | 5.7605 | 5.8459 |
| March | 5.9509 | 5.7501 | 5.8558 |
| April | 6.0090 | 5.7528 | 5.8515 |
| May | 6.4275 | 5.9605 | 6.1796 |
| June | 6.8032 | 6.3489 | 6.5821 |
| July | 7.1278 | 6.7006 | 6.9926 |
| August | 9.1703 | 7.1621 | 8.3997 |
| September | 9.1858 | 9.0678 | 9.1357 |
| October | 9.2116 | 9.1202 | 9.1749 |
| November | 9.5101 | 9.1039 | 9.2998 |
| December | 22.0658 | 9.5377 | 16.9543 |