2023 SRD to SYP Historical Review

YEARLY HIGH

79.6175 SYP

YEARLY LOW

65.0552 SYP

YEARLY AVERAGE

68.9300 SYP

2023 SRD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 79.6175. Conversely, the yearly low was recorded on July 31, dropping to 65.0552.

This high-to-low spread represents a total annual volatility of 14.5623 SYP. From a start-to-finish perspective, comparing the January average rate of 78.9756 to the December average rate of 67.2509, the exchange rate registered a net change of -14.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 79.6175 was down 35.65% compared to the 2022 peak of 123.7256, 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 398,088 SYP

2022 Average 531,021 SYP

Yearly Trough Low 325,276 SYP

Transaction Impact: A difference of 72,811.54 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

80.3129

64.2650

JanuMarcMayJulySeptNove

SRD to SYP 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 71.7518, compared to 66.1081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.6437 points.

H1 Avg (Jan–Jun) 71.7518

H2 Avg (Jul–Dec) 66.1081

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 5.3477 SYP (High: 74.9517 / Low: 69.6040). On the other end, November was the most stable month, with a tight range of 0.6089 SYP (High: 66.4690 / Low: 65.8601).

March Spread (Volatile) ±5.3477

November Spread (Stable) ±0.6089

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 4.3362 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.3362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 78.9756) against the same month in 2022 (average: 118.7488), the exchange rate shifted by -39.7732 (-33.49%).

2023 Avg (January) 78.9756

2022 Avg (January) 118.7488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	79.6175	77.5030	78.9756
February	78.5166	74.1280	76.6066
March	74.9517	69.6040	72.6664
April	70.2737	67.1647	68.3303
May	67.7022	66.3374	67.2851
June	67.3158	65.5577	66.6470
July	67.9062	65.0552	66.1389
August	65.7989	65.1556	65.6485
September	66.0210	65.0974	65.6023
October	66.1210	65.4842	65.8609
November	66.4690	65.8601	66.1470
December	68.3765	66.3234	67.2509