2023 SRD to KZT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |