2023 SRD to KGS Historical Review

YEARLY HIGH

2.7114 KGS

YEARLY LOW

2.2709 KGS

YEARLY AVERAGE

2.4085 KGS

2023 SRD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 2.7114. Conversely, the yearly low was recorded on July 31, dropping to 2.2709.

This high-to-low spread represents a total annual volatility of 0.4405 KGS. From a start-to-finish perspective, comparing the January average rate of 2.6900 to the December average rate of 2.3857, the exchange rate registered a net change of -11.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7114 was down 45.45% compared to the 2022 peak of 4.9704, 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 13,557 KGS

2022 Average 17,855 KGS

Yearly Trough Low 11,355 KGS

Transaction Impact: A difference of 2,202.29 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7289

2.2625

JanuMarcMayJulySeptNove

SRD to KGS 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 2.4852, compared to 2.3318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1533 points.

H1 Avg (Jan–Jun) 2.4852

H2 Avg (Jul–Dec) 2.3318

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1861 KGS (High: 2.6078 / Low: 2.4218). On the other end, November was the most stable month, with a tight range of 0.0252 KGS (High: 2.3617 / Low: 2.3365).

March Spread (Volatile) ±0.1861

November Spread (Stable) ±0.0252

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 0.1493 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.6900) against the same month in 2022 (average: 4.0081), the exchange rate shifted by -1.3180 (-32.88%).

2023 Avg (January) 2.6900

2022 Avg (January) 4.0081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7114	2.6553	2.6900
February	2.6972	2.5791	2.6514
March	2.6078	2.4218	2.5283
April	2.4451	2.3396	2.3791
May	2.3524	2.3050	2.3425
June	2.3467	2.2779	2.3199
July	2.3630	2.2709	2.3090
August	2.3108	2.2764	2.3014
September	2.3310	2.2866	2.3119
October	2.3506	2.3129	2.3358
November	2.3617	2.3365	2.3473
December	2.4244	2.3578	2.3857