YEARLY HIGH
0.2630 SBD
YEARLY LOW
0.2161 SBD
YEARLY AVERAGE
0.2288 SBD

2023 SRD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.2630. Conversely, the yearly low was recorded on July 31, dropping to 0.2161.

This high-to-low spread represents a total annual volatility of 0.0468 SBD. From a start-to-finish perspective, comparing the January average rate of 0.2598 to the December average rate of 0.2264, the exchange rate registered a net change of -12.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2630 was down 33.93% compared to the 2022 peak of 0.3980, 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 1,315 SBD
2022 Average 1,718 SBD
Yearly Trough Low 1,081 SBD
Transaction Impact: A difference of 234.16 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2639
0.2145
JanuMarcMayJulySeptNove

SRD to SBD 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 0.2364, compared to 0.2213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.2364
H2 Avg (Jul–Dec) 0.2213

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0185 SBD (High: 0.2466 / Low: 0.2281). On the other end, August was the most stable month, with a tight range of 0.0024 SBD (High: 0.2194 / Low: 0.2170).

March Spread (Volatile) ±0.0185
August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0130 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2598) against the same month in 2022 (average: 0.3817), the exchange rate shifted by -0.1219 (-31.94%).

2023 Avg (January) 0.2598
2022 Avg (January) 0.3817

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2630 0.2539 0.2598
February 0.2562 0.2429 0.2510
March 0.2466 0.2281 0.2380
April 0.2312 0.2219 0.2255
May 0.2246 0.2200 0.2230
June 0.2235 0.2175 0.2211
July 0.2261 0.2161 0.2202
August 0.2194 0.2170 0.2187
September 0.2209 0.2168 0.2193
October 0.2236 0.2188 0.2211
November 0.2247 0.2206 0.2221
December 0.2293 0.2235 0.2264