YEARLY HIGH
28.5194 KPW
YEARLY LOW
23.3031 KPW
YEARLY AVERAGE
24.6910 KPW

2023 SRD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 28.5194. Conversely, the yearly low was recorded on July 31, dropping to 23.3031.

This high-to-low spread represents a total annual volatility of 5.2163 KPW. From a start-to-finish perspective, comparing the January average rate of 28.2894 to the December average rate of 24.0896, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.5194 was down 35.66% compared to the 2022 peak of 44.3284, 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 142,597 KPW
2022 Average 190,226 KPW
Yearly Trough Low 116,515 KPW
Transaction Impact: A difference of 26,081.43 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.7684
23.0200
JanuMarcMayJulySeptNove

SRD to KPW 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 25.7018, compared to 23.6802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0216 points.

H1 Avg (Jan–Jun) 25.7018
H2 Avg (Jul–Dec) 23.6802

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.9156 KPW (High: 26.8480 / Low: 24.9325). On the other end, November was the most stable month, with a tight range of 0.2181 KPW (High: 23.8095 / Low: 23.5914).

March Spread (Volatile) ±1.9156
November Spread (Stable) ±0.2181

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 1.5532 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 28.2894) against the same month in 2022 (average: 42.5429), the exchange rate shifted by -14.2535 (-33.50%).

2023 Avg (January) 28.2894
2022 Avg (January) 42.5429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.5194 27.7619 28.2894
February 28.1250 26.5530 27.4408
March 26.8480 24.9325 26.0295
April 25.1724 24.0587 24.4762
May 24.2512 23.7624 24.1018
June 24.1128 23.4831 23.8733
July 24.3243 23.3031 23.6913
August 23.5695 23.3390 23.5156
September 23.6490 23.3182 23.4991
October 23.6848 23.4567 23.5917
November 23.8095 23.5914 23.6942
December 24.4928 23.7574 24.0896