2023 SRD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SRD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SRD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 18.3741. Conversely, the yearly low was recorded on November 20, dropping to 14.3512.
This high-to-low spread represents a total annual volatility of 4.0229 SDG. From a start-to-finish perspective, comparing the January average rate of 18.1317 to the December average rate of 16.0865, the exchange rate registered a net change of -11.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.3741 was down 23.98% compared to the 2022 peak of 24.1717, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SRD to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 16.8866, compared to 15.8052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0814 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 1.6608 SDG (High: 17.7048 / Low: 16.0440). On the other end, August was the most stable month, with a tight range of 0.1540 SDG (High: 15.7523 / Low: 15.5983).
Growth Streaks & Declines
TrendsBetween 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 0.7973 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 18.1317) against the same month in 2022 (average: 20.7189), the exchange rate shifted by -2.5872 (-12.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.3741 | 17.5463 | 18.1317 |
| February | 18.2344 | 17.3922 | 17.8537 |
| March | 17.7048 | 16.0440 | 17.0564 |
| April | 16.6736 | 15.5753 | 16.2598 |
| May | 16.1683 | 15.8416 | 16.0705 |
| June | 16.1020 | 15.6945 | 15.9478 |
| July | 16.2568 | 15.5742 | 15.8224 |
| August | 15.7523 | 15.5983 | 15.7120 |
| September | 15.7923 | 15.5843 | 15.6991 |
| October | 15.8215 | 15.6533 | 15.7519 |
| November | 15.8995 | 14.3512 | 15.7594 |
| December | 16.3557 | 15.8646 | 16.0865 |