2023 SRD to NZD Historical Review

YEARLY HIGH

0.0508 NZD

YEARLY LOW

0.0412 NZD

YEARLY AVERAGE

0.0446 NZD

2023 SRD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0508. Conversely, the yearly low was recorded on July 16, dropping to 0.0412.

This high-to-low spread represents a total annual volatility of 0.0096 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0491 to the December average rate of 0.0430, the exchange rate registered a net change of -12.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0508 was down 33.63% compared to the 2022 peak of 0.0766, 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 254 NZD

2022 Average 331 NZD

Yearly Trough Low 206 NZD

Transaction Impact: A difference of 47.97 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0498

0.0416

JanuMarcMayJulySeptNove

SRD to NZD 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 0.0457, compared to 0.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0457

H2 Avg (Jul–Dec) 0.0436

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0045 NZD (High: 0.0488 / Low: 0.0443). On the other end, September was the most stable month, with a tight range of 0.0010 NZD (High: 0.0445 / Low: 0.0435).

March Spread (Volatile) ±0.0045

September Spread (Stable) ±0.0010

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 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0491) against the same month in 2022 (average: 0.0701), the exchange rate shifted by -0.0211 (-30.03%).

2023 Avg (January) 0.0491

2022 Avg (January) 0.0701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0508	0.0475	0.0491
February	0.0492	0.0473	0.0485
March	0.0488	0.0443	0.0466
April	0.0445	0.0430	0.0438
May	0.0446	0.0414	0.0432
June	0.0442	0.0422	0.0432
July	0.0437	0.0412	0.0423
August	0.0444	0.0422	0.0436
September	0.0445	0.0435	0.0440
October	0.0454	0.0435	0.0445
November	0.0448	0.0429	0.0439
December	0.0436	0.0425	0.0430