YEARLY HIGH
0.1408 PLN
YEARLY LOW
0.1033 PLN
YEARLY AVERAGE
0.1154 PLN

2023 SRD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1408. Conversely, the yearly low was recorded on July 19, dropping to 0.1033.

This high-to-low spread represents a total annual volatility of 0.0375 PLN. From a start-to-finish perspective, comparing the January average rate of 0.1363 to the December average rate of 0.1062, the exchange rate registered a net change of -22.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1408 was down 36.81% compared to the 2022 peak of 0.2229, 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 704 PLN
2022 Average 937 PLN
Yearly Trough Low 517 PLN
Transaction Impact: A difference of 187.51 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1393
0.1028
JanuMarcMayJulySeptNove

SRD to PLN 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 0.1224, compared to 0.1084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 0.1224
H2 Avg (Jul–Dec) 0.1084

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0130 PLN (High: 0.1325 / Low: 0.1195). On the other end, December was the most stable month, with a tight range of 0.0030 PLN (High: 0.1075 / Low: 0.1045).

March Spread (Volatile) ±0.0130
December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0117 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1363) against the same month in 2022 (average: 0.1902), the exchange rate shifted by -0.0539 (-28.34%).

2023 Avg (January) 0.1363
2022 Avg (January) 0.1902

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1408 0.1304 0.1363
February 0.1382 0.1311 0.1352
March 0.1325 0.1195 0.1268
April 0.1199 0.1112 0.1151
May 0.1136 0.1086 0.1119
June 0.1125 0.1054 0.1091
July 0.1102 0.1033 0.1058
August 0.1085 0.1047 0.1068
September 0.1154 0.1074 0.1125
October 0.1158 0.1097 0.1119
November 0.1107 0.1036 0.1071
December 0.1075 0.1045 0.1062