2023 SRD to BBD Historical Review

YEARLY HIGH

0.0634 BBD

YEARLY LOW

0.0518 BBD

YEARLY AVERAGE

0.0549 BBD

2023 SRD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0634. Conversely, the yearly low was recorded on July 31, dropping to 0.0518.

This high-to-low spread represents a total annual volatility of 0.0116 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0629 to the December average rate of 0.0535, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0634 was down 35.66% compared to the 2022 peak of 0.0985, 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 317 BBD

2022 Average 423 BBD

Yearly Trough Low 259 BBD

Transaction Impact: A difference of 57.96 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0639

0.0512

JanuMarcMayJulySeptNove

SRD to BBD 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 0.0571, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0571

H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0043 BBD (High: 0.0597 / Low: 0.0554). On the other end, November was the most stable month, with a tight range of 0.0005 BBD (High: 0.0529 / Low: 0.0524).

March Spread (Volatile) ±0.0043

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0629) against the same month in 2022 (average: 0.0945), the exchange rate shifted by -0.0317 (-33.50%).

2023 Avg (January) 0.0629

2022 Avg (January) 0.0945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0634	0.0617	0.0629
February	0.0625	0.0590	0.0610
March	0.0597	0.0554	0.0578
April	0.0559	0.0535	0.0544
May	0.0539	0.0528	0.0536
June	0.0536	0.0522	0.0531
July	0.0541	0.0518	0.0526
August	0.0524	0.0519	0.0523
September	0.0526	0.0518	0.0522
October	0.0526	0.0521	0.0524
November	0.0529	0.0524	0.0527
December	0.0544	0.0528	0.0535