2023 SRD to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 March and April, when the average rate fell by 30.4865 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |