YEARLY HIGH
14.7370 KZT
YEARLY LOW
11.5238 KZT
YEARLY AVERAGE
12.5205 KZT

2023 SRD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 14.7370. Conversely, the yearly low was recorded on July 31, dropping to 11.5238.

This high-to-low spread represents a total annual volatility of 3.2132 KZT. From a start-to-finish perspective, comparing the January average rate of 14.5399 to the December average rate of 12.2898, the exchange rate registered a net change of -15.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.7370 was down 42.15% compared to the 2022 peak of 25.4730, 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 73,685 KZT
2022 Average 97,373 KZT
Yearly Trough Low 57,619 KZT
Transaction Impact: A difference of 16,065.94 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.8222
11.4342
JanuMarcMayJulySeptNove

SRD to KZT 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 12.9136, compared to 12.1274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7863 points.

H1 Avg (Jan–Jun) 12.9136
H2 Avg (Jul–Dec) 12.1274

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.1361 KZT (High: 14.3344 / Low: 13.1983). On the other end, November was the most stable month, with a tight range of 0.2936 KZT (High: 12.3735 / Low: 12.0799).

February Spread (Volatile) ±1.1361
November Spread (Stable) ±0.2936

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 January and February, when the average rate fell by 0.7721 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 14.5399) against the same month in 2022 (average: 20.5791), the exchange rate shifted by -6.0392 (-29.35%).

2023 Avg (January) 14.5399
2022 Avg (January) 20.5791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7370 14.2748 14.5399
February 14.3344 13.1983 13.7677
March 13.5743 12.4695 13.0472
April 12.6817 11.9547 12.2807
May 12.1306 11.7327 11.9467
June 12.0696 11.6719 11.8997
July 12.0577 11.5238 11.7166
August 12.1839 11.5313 11.8407
September 12.5596 11.8888 12.2353
October 12.5673 12.2232 12.4884
November 12.3735 12.0799 12.1935
December 12.4589 12.1317 12.2898