2023 SRD to HNL Historical Review

YEARLY HIGH

0.7819 HNL

YEARLY LOW

0.6372 HNL

YEARLY AVERAGE

0.6766 HNL

2023 SRD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.7819. Conversely, the yearly low was recorded on August 5, dropping to 0.6372.

This high-to-low spread represents a total annual volatility of 0.1447 HNL. From a start-to-finish perspective, comparing the January average rate of 0.7753 to the December average rate of 0.6615, the exchange rate registered a net change of -14.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7819 was down 35.58% compared to the 2022 peak of 1.2138, 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 3,910 HNL

2022 Average 5,198 HNL

Yearly Trough Low 3,186 HNL

Transaction Impact: A difference of 723.45 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7885

0.6300

JanuMarcMayJulySeptNove

SRD to HNL 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 0.7037, compared to 0.6495 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 0.7037

H2 Avg (Jul–Dec) 0.6495

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0525 HNL (High: 0.7357 / Low: 0.6831). On the other end, October was the most stable month, with a tight range of 0.0084 HNL (High: 0.6509 / Low: 0.6425).

March Spread (Volatile) ±0.0525

October Spread (Stable) ±0.0084

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 0.0438 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7753) against the same month in 2022 (average: 1.1589), the exchange rate shifted by -0.3836 (-33.10%).

2023 Avg (January) 0.7753

2022 Avg (January) 1.1589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7819	0.7609	0.7753
February	0.7707	0.7273	0.7516
March	0.7357	0.6831	0.7124
April	0.6880	0.6523	0.6686
May	0.6650	0.6505	0.6595
June	0.6630	0.6434	0.6546
July	0.6678	0.6375	0.6483
August	0.6511	0.6372	0.6433
September	0.6506	0.6386	0.6468
October	0.6509	0.6425	0.6475
November	0.6548	0.6420	0.6496
December	0.6728	0.6522	0.6615