YEARLY HIGH
570.6685 SLL
YEARLY LOW
459.3203 SLL
YEARLY AVERAGE
521.7777 SLL

2023 SRD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 570.6685. Conversely, the yearly low was recorded on July 19, dropping to 459.3203.

This high-to-low spread represents a total annual volatility of 111.3482 SLL. From a start-to-finish perspective, comparing the January average rate of 555.2583 to the December average rate of 561.2736, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 570.6685 was down 10.70% compared to the 2022 peak of 639.0232, 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 2,853,343 SLL
2022 Average 2,838,886 SLL
Yearly Trough Low 2,296,602 SLL
Transaction Impact: A difference of 556,741.01 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

570.5430
459.3101
JanuMarcMayJulySeptNove

SRD to SLL 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 504.4699, compared to 539.0855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.6155 points.

H1 Avg (Jan–Jun) 504.4699
H2 Avg (Jul–Dec) 539.0855

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 86.3767 SLL (High: 545.6970 / Low: 459.3203). On the other end, November was the most stable month, with a tight range of 5.0822 SLL (High: 554.7487 / Low: 549.6664).

July Spread (Volatile) ±86.3767
November Spread (Stable) ±5.0822

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 March and April, when the average rate fell by 30.4865 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -30.4865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 561.2736) against the same month in 2022 (average: 557.6293), the exchange rate shifted by +3.6443 (+0.65%).

2023 Avg (December) 561.2736
2022 Avg (December) 557.6293

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 559.7718 544.9049 555.2583
February 552.0313 521.1760 538.6025
March 526.9674 489.3691 510.9003
April 494.0775 472.2189 480.4138
May 475.9980 466.4026 473.0654
June 473.2816 460.9203 468.5795
July 545.6970 459.3203 476.0892
August 549.1554 543.7866 547.9005
September 551.0097 543.3006 547.5151
October 551.8435 546.5291 549.6732
November 554.7487 549.6664 552.0611
December 570.6685 553.5332 561.2736