YEARLY HIGH
0.0639 BZD
YEARLY LOW
0.0522 BZD
YEARLY AVERAGE
0.0553 BZD

2023 SRD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0639. Conversely, the yearly low was recorded on July 31, dropping to 0.0522.

This high-to-low spread represents a total annual volatility of 0.0117 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0540, the exchange rate registered a net change of -14.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0639 was down 35.67% compared to the 2022 peak of 0.0994, 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 320 BZD
2022 Average 426 BZD
Yearly Trough Low 261 BZD
Transaction Impact: A difference of 58.53 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0644
0.0515
JanuMarcMayJulySeptNove

SRD to BZD 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 0.0575, compared to 0.0530 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) 0.0575
H2 Avg (Jul–Dec) 0.0530

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0043 BZD (High: 0.0601 / Low: 0.0558). On the other end, October was the most stable month, with a tight range of 0.0006 BZD (High: 0.0531 / Low: 0.0524).

March Spread (Volatile) ±0.0043
October Spread (Stable) ±0.0006

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 0.0034 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0634) against the same month in 2022 (average: 0.0953), the exchange rate shifted by -0.0319 (-33.49%).

2023 Avg (January) 0.0634
2022 Avg (January) 0.0953

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0639 0.0622 0.0634
February 0.0630 0.0595 0.0615
March 0.0601 0.0558 0.0582
April 0.0564 0.0533 0.0548
May 0.0544 0.0533 0.0540
June 0.0542 0.0526 0.0535
July 0.0545 0.0522 0.0530
August 0.0529 0.0523 0.0527
September 0.0529 0.0523 0.0526
October 0.0531 0.0524 0.0528
November 0.0534 0.0524 0.0530
December 0.0550 0.0533 0.0540