YEARLY HIGH
14.8117 KMF
YEARLY LOW
11.4161 KMF
YEARLY AVERAGE
12.5000 KMF

2023 SRD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 14.8117. Conversely, the yearly low was recorded on July 19, dropping to 11.4161.

This high-to-low spread represents a total annual volatility of 3.3957 KMF. From a start-to-finish perspective, comparing the January average rate of 14.3670 to the December average rate of 12.0744, the exchange rate registered a net change of -15.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.8117 was down 34.49% compared to the 2022 peak of 22.6109, 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 74,059 KMF
2022 Average 98,339 KMF
Yearly Trough Low 57,080 KMF
Transaction Impact: A difference of 16,978.26 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.6308
11.4654
JanuMarcMayJulySeptNove

SRD to KMF 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 13.0218, compared to 11.9781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0437 points.

H1 Avg (Jan–Jun) 13.0218
H2 Avg (Jul–Dec) 11.9781

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.4018 KMF (High: 13.9338 / Low: 12.5320). On the other end, October was the most stable month, with a tight range of 0.2348 KMF (High: 12.3312 / Low: 12.0965).

March Spread (Volatile) ±1.4018
October Spread (Stable) ±0.2348

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 1.1152 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1152

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 14.3670) against the same month in 2022 (average: 20.5480), the exchange rate shifted by -6.1811 (-30.08%).

2023 Avg (January) 14.3670
2022 Avg (January) 20.5480

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.8117 13.9670 14.3670
February 14.2672 13.7117 14.0279
March 13.9338 12.5320 13.3242
April 12.6435 11.9437 12.2089
May 12.3831 11.8587 12.1377
June 12.3230 11.7265 12.0651
July 12.1973 11.4161 11.7291
August 11.9292 11.6254 11.7957
September 12.2820 11.8107 12.0347
October 12.3312 12.0965 12.2216
November 12.2959 11.8133 12.0132
December 12.2027 11.8635 12.0744