2023 SRD to GIP Historical Review

YEARLY HIGH

0.0266 GIP

YEARLY LOW

0.0200 GIP

YEARLY AVERAGE

0.0221 GIP

2023 SRD to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0266. Conversely, the yearly low was recorded on July 16, dropping to 0.0200.

This high-to-low spread represents a total annual volatility of 0.0065 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0211, the exchange rate registered a net change of -17.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0266 was down 32.18% compared to the 2022 peak of 0.0392, 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 133 GIP

2022 Average 170 GIP

Yearly Trough Low 100 GIP

Transaction Impact: A difference of 32.62 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0262

0.0199

JanuMarcMayJulySeptNove

SRD to GIP 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 0.0232, compared to 0.0210 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) 0.0232

H2 Avg (Jul–Dec) 0.0210

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0028 GIP (High: 0.0252 / Low: 0.0224). On the other end, October was the most stable month, with a tight range of 0.0005 GIP (High: 0.0217 / Low: 0.0213).

March Spread (Volatile) ±0.0028

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 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0257) against the same month in 2022 (average: 0.0349), the exchange rate shifted by -0.0092 (-26.38%).

2023 Avg (January) 0.0257

2022 Avg (January) 0.0349

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0266	0.0249	0.0257
February	0.0258	0.0245	0.0253
March	0.0252	0.0224	0.0238
April	0.0225	0.0213	0.0219
May	0.0218	0.0209	0.0215
June	0.0216	0.0205	0.0210
July	0.0213	0.0200	0.0204
August	0.0208	0.0203	0.0206
September	0.0216	0.0205	0.0211
October	0.0217	0.0213	0.0215
November	0.0216	0.0207	0.0212
December	0.0214	0.0208	0.0211