2023 SRD to BMD Historical Review

YEARLY HIGH

0.0317 BMD

YEARLY LOW

0.0259 BMD

YEARLY AVERAGE

0.0274 BMD

2023 SRD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0317. Conversely, the yearly low was recorded on July 31, dropping to 0.0259.

This high-to-low spread represents a total annual volatility of 0.0058 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0314 to the December average rate of 0.0268, 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 0.0317 was down 35.66% compared to the 2022 peak of 0.0493, 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 158 BMD

2022 Average 211 BMD

Yearly Trough Low 129 BMD

Transaction Impact: A difference of 28.98 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0320

0.0256

JanuMarcMayJulySeptNove

SRD to BMD 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 0.0286, compared to 0.0263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0286

H2 Avg (Jul–Dec) 0.0263

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0021 BMD (High: 0.0298 / Low: 0.0277). On the other end, November was the most stable month, with a tight range of 0.0002 BMD (High: 0.0265 / Low: 0.0262).

March Spread (Volatile) ±0.0021

November Spread (Stable) ±0.0002

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 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0314) against the same month in 2022 (average: 0.0473), the exchange rate shifted by -0.0158 (-33.50%).

2023 Avg (January) 0.0314

2022 Avg (January) 0.0473

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0317	0.0308	0.0314
February	0.0313	0.0295	0.0305
March	0.0298	0.0277	0.0289
April	0.0280	0.0267	0.0272
May	0.0269	0.0264	0.0268
June	0.0268	0.0261	0.0265
July	0.0270	0.0259	0.0263
August	0.0262	0.0259	0.0261
September	0.0263	0.0259	0.0261
October	0.0263	0.0261	0.0262
November	0.0265	0.0262	0.0263
December	0.0272	0.0264	0.0268