2023 SRD to BND Historical Review

YEARLY HIGH

0.0428 BND

YEARLY LOW

0.0344 BND

YEARLY AVERAGE

0.0368 BND

2023 SRD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0428. Conversely, the yearly low was recorded on July 31, dropping to 0.0344.

This high-to-low spread represents a total annual volatility of 0.0083 BND. From a start-to-finish perspective, comparing the January average rate of 0.0417 to the December average rate of 0.0357, the exchange rate registered a net change of -14.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0428 was down 35.97% compared to the 2022 peak of 0.0668, 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 214 BND

2022 Average 291 BND

Yearly Trough Low 172 BND

Transaction Impact: A difference of 41.52 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0424

0.0345

JanuMarcMayJulySeptNove

SRD to BND 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 0.0381, compared to 0.0355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0381

H2 Avg (Jul–Dec) 0.0355

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0034 BND (High: 0.0402 / Low: 0.0368). On the other end, October was the most stable month, with a tight range of 0.0005 BND (High: 0.0361 / Low: 0.0356).

March Spread (Volatile) ±0.0034

October Spread (Stable) ±0.0005

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: 0.0417) against the same month in 2022 (average: 0.0638), the exchange rate shifted by -0.0221 (-34.66%).

2023 Avg (January) 0.0417

2022 Avg (January) 0.0638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0428	0.0407	0.0417
February	0.0412	0.0398	0.0406
March	0.0402	0.0368	0.0388
April	0.0372	0.0354	0.0362
May	0.0364	0.0351	0.0359
June	0.0362	0.0350	0.0357
July	0.0365	0.0344	0.0351
August	0.0356	0.0346	0.0353
September	0.0359	0.0351	0.0356
October	0.0361	0.0356	0.0359
November	0.0359	0.0351	0.0355
December	0.0360	0.0353	0.0357