YEARLY HIGH
0.0470 AUD
YEARLY LOW
0.0384 AUD
YEARLY AVERAGE
0.0413 AUD

2023 SRD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0470. Conversely, the yearly low was recorded on July 18, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.0087 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0452 to the December average rate of 0.0399, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0470 was down 32.43% compared to the 2022 peak of 0.0696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 235 AUD
2022 Average 303 AUD
Yearly Trough Low 192 AUD
Transaction Impact: A difference of 43.33 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0458
0.0385
JanuMarcMayJulySeptNove

SRD to AUD 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 0.0422, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0422
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0038 AUD (High: 0.0452 / Low: 0.0414). On the other end, December was the most stable month, with a tight range of 0.0011 AUD (High: 0.0406 / Low: 0.0396).

March Spread (Volatile) ±0.0038
December Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0026 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0452) against the same month in 2022 (average: 0.0659), the exchange rate shifted by -0.0207 (-31.45%).

2023 Avg (January) 0.0452
2022 Avg (January) 0.0659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0470 0.0436 0.0452
February 0.0449 0.0431 0.0443
March 0.0452 0.0414 0.0433
April 0.0416 0.0396 0.0407
May 0.0413 0.0389 0.0403
June 0.0406 0.0386 0.0395
July 0.0404 0.0384 0.0391
August 0.0410 0.0392 0.0403
September 0.0412 0.0401 0.0407
October 0.0418 0.0405 0.0413
November 0.0414 0.0396 0.0405
December 0.0406 0.0396 0.0399