2023 SRD to CDF Historical Review

YEARLY HIGH

75.1240 CDF

YEARLY LOW

53.9934 CDF

YEARLY AVERAGE

63.7729 CDF

2023 SRD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 75.1240. Conversely, the yearly low was recorded on May 10, dropping to 53.9934.

This high-to-low spread represents a total annual volatility of 21.1306 CDF. From a start-to-finish perspective, comparing the January average rate of 64.3957 to the December average rate of 72.8736, the exchange rate registered a net change of 13.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 75.1240 was down 24.08% compared to the 2022 peak of 98.9471, 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 375,620 CDF

2022 Average 426,359 CDF

Yearly Trough Low 269,967 CDF

Transaction Impact: A difference of 105,653.00 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

74.5016

54.9664

JanuMarcMayJulySeptNove

SRD to CDF 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 60.8156, compared to 66.7302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9146 points.

H1 Avg (Jan–Jun) 60.8156

H2 Avg (Jul–Dec) 66.7302

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 8.6071 CDF (High: 62.6005 / Low: 53.9934). On the other end, September was the most stable month, with a tight range of 1.2228 CDF (High: 65.2296 / Low: 64.0068).

May Spread (Volatile) ±8.6071

September Spread (Stable) ±1.2228

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.2124 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.2124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 72.8736) against the same month in 2022 (average: 64.5736), the exchange rate shifted by +8.3001 (+12.85%).

2023 Avg (December) 72.8736

2022 Avg (December) 64.5736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	65.1009	63.5333	64.3957
February	64.3707	60.7528	62.8840
March	61.5646	56.6798	59.8067
April	58.5697	54.7202	56.5943
May	62.6005	53.9934	58.6085
June	63.7419	61.5047	62.6045
July	66.4582	63.3377	64.9904
August	65.1504	63.6005	64.7000
September	65.2296	64.0068	64.8503
October	68.3076	64.7505	66.0123
November	71.8351	64.4999	66.9546
December	75.1240	70.6060	72.8736