YEARLY HIGH
0.4451 SCR
YEARLY LOW
0.3330 SCR
YEARLY AVERAGE
0.3689 SCR

2023 SRD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.4451. Conversely, the yearly low was recorded on September 20, dropping to 0.3330.

This high-to-low spread represents a total annual volatility of 0.1120 SCR. From a start-to-finish perspective, comparing the January average rate of 0.4257 to the December average rate of 0.3596, the exchange rate registered a net change of -15.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4451 was down 36.97% compared to the 2022 peak of 0.7062, 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 2,225 SCR
2022 Average 2,872 SCR
Yearly Trough Low 1,665 SCR
Transaction Impact: A difference of 560.23 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4340
0.3349
JanuMarcMayJulySeptNove

SRD to SCR 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 0.3869, compared to 0.3508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0361 points.

H1 Avg (Jan–Jun) 0.3869
H2 Avg (Jul–Dec) 0.3508

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0559 SCR (High: 0.4186 / Low: 0.3627). On the other end, August was the most stable month, with a tight range of 0.0166 SCR (High: 0.3577 / Low: 0.3410).

March Spread (Volatile) ±0.0559
August Spread (Stable) ±0.0166

Growth Streaks & Declines

Trends

Between September and December, 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 0.0240 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4257) against the same month in 2022 (average: 0.6511), the exchange rate shifted by -0.2254 (-34.62%).

2023 Avg (January) 0.4257
2022 Avg (January) 0.6511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4451 0.4083 0.4257
February 0.4379 0.3842 0.4135
March 0.4186 0.3627 0.3895
April 0.3909 0.3512 0.3676
May 0.3772 0.3478 0.3616
June 0.3759 0.3485 0.3636
July 0.3764 0.3386 0.3518
August 0.3577 0.3410 0.3494
September 0.3562 0.3330 0.3431
October 0.3606 0.3339 0.3494
November 0.3621 0.3438 0.3517
December 0.3784 0.3425 0.3596