YEARLY HIGH
0.1219 PEN
YEARLY LOW
0.0929 PEN
YEARLY AVERAGE
0.1027 PEN

2023 SRD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.1219. Conversely, the yearly low was recorded on July 19, dropping to 0.0929.

This high-to-low spread represents a total annual volatility of 0.0291 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1202 to the December average rate of 0.1000, the exchange rate registered a net change of -16.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1219 was down 36.42% compared to the 2022 peak of 0.1918, 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 610 PEN
2022 Average 809 PEN
Yearly Trough Low 464 PEN
Transaction Impact: A difference of 145.37 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1227
0.0922
JanuMarcMayJulySeptNove

SRD to PEN 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 0.1073, compared to 0.0981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 0.1073
H2 Avg (Jul–Dec) 0.0981

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0087 PEN (High: 0.1129 / Low: 0.1042). On the other end, December was the most stable month, with a tight range of 0.0021 PEN (High: 0.1010 / Low: 0.0989).

March Spread (Volatile) ±0.0087
December Spread (Stable) ±0.0021

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 February and March, when the average rate fell by 0.0078 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1202) against the same month in 2022 (average: 0.1840), the exchange rate shifted by -0.0639 (-34.71%).

2023 Avg (January) 0.1202
2022 Avg (January) 0.1840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1219 0.1190 0.1202
February 0.1205 0.1125 0.1170
March 0.1129 0.1042 0.1092
April 0.1052 0.0987 0.1022
May 0.0995 0.0972 0.0986
June 0.0991 0.0946 0.0967
July 0.0980 0.0929 0.0947
August 0.0977 0.0935 0.0965
September 0.0992 0.0960 0.0972
October 0.1021 0.0990 0.1006
November 0.1009 0.0982 0.0993
December 0.1010 0.0989 0.1000