2023 SRD to HKD Historical Review

YEARLY HIGH

0.2475 HKD

YEARLY LOW

0.2019 HKD

YEARLY AVERAGE

0.2148 HKD

2023 SRD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.2475. Conversely, the yearly low was recorded on July 31, dropping to 0.2019.

This high-to-low spread represents a total annual volatility of 0.0456 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2458 to the December average rate of 0.2090, the exchange rate registered a net change of -14.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2475 was down 35.60% compared to the 2022 peak of 0.3843, 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 1,238 HKD

2022 Average 1,655 HKD

Yearly Trough Low 1,010 HKD

Transaction Impact: A difference of 227.98 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2499

0.2003

JanuMarcMayJulySeptNove

SRD to HKD 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 0.2239, compared to 0.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.2239

H2 Avg (Jul–Dec) 0.2057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0167 HKD (High: 0.2342 / Low: 0.2175). On the other end, November was the most stable month, with a tight range of 0.0020 HKD (High: 0.2064 / Low: 0.2044).

March Spread (Volatile) ±0.0167

November Spread (Stable) ±0.0020

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 0.0135 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2458) against the same month in 2022 (average: 0.3683), the exchange rate shifted by -0.1225 (-33.26%).

2023 Avg (January) 0.2458

2022 Avg (January) 0.3683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2475	0.2414	0.2458
February	0.2451	0.2315	0.2393
March	0.2342	0.2175	0.2270
April	0.2195	0.2098	0.2135
May	0.2115	0.2068	0.2099
June	0.2100	0.2043	0.2078
July	0.2117	0.2019	0.2058
August	0.2054	0.2021	0.2045
September	0.2056	0.2030	0.2044
October	0.2060	0.2040	0.2051
November	0.2064	0.2044	0.2055
December	0.2126	0.2062	0.2090