YEARLY HIGH
0.0301 EUR
YEARLY LOW
0.0232 EUR
YEARLY AVERAGE
0.0254 EUR

2023 SRD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0301. Conversely, the yearly low was recorded on July 19, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0069 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0291 to the December average rate of 0.0245, the exchange rate registered a net change of -15.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0301 was down 34.71% compared to the 2022 peak of 0.0461, 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 150 EUR
2022 Average 200 EUR
Yearly Trough Low 116 EUR
Transaction Impact: A difference of 34.38 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0297
0.0233
JanuMarcMayJulySeptNove

SRD to EUR 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 0.0264, compared to 0.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0264
H2 Avg (Jul–Dec) 0.0243

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0028 EUR (High: 0.0283 / Low: 0.0255). On the other end, October was the most stable month, with a tight range of 0.0004 EUR (High: 0.0250 / Low: 0.0246).

March Spread (Volatile) ±0.0028
October Spread (Stable) ±0.0004

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 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0291) against the same month in 2022 (average: 0.0418), the exchange rate shifted by -0.0126 (-30.21%).

2023 Avg (January) 0.0291
2022 Avg (January) 0.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0301 0.0284 0.0291
February 0.0290 0.0278 0.0285
March 0.0283 0.0255 0.0270
April 0.0256 0.0241 0.0248
May 0.0251 0.0239 0.0246
June 0.0250 0.0238 0.0245
July 0.0248 0.0232 0.0238
August 0.0243 0.0236 0.0240
September 0.0249 0.0240 0.0245
October 0.0250 0.0246 0.0248
November 0.0248 0.0240 0.0243
December 0.0248 0.0242 0.0245