2023 SRD to SZL Historical Review

YEARLY HIGH

0.5564 SZL

YEARLY LOW

0.4576 SZL

YEARLY AVERAGE

0.5052 SZL

2023 SRD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.5564. Conversely, the yearly low was recorded on July 27, dropping to 0.4576.

This high-to-low spread represents a total annual volatility of 0.0989 SZL. From a start-to-finish perspective, comparing the January average rate of 0.5376 to the December average rate of 0.4987, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5564 was down 28.22% compared to the 2022 peak of 0.7752, 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 2,782 SZL

2022 Average 3,430 SZL

Yearly Trough Low 2,288 SZL

Transaction Impact: A difference of 494.27 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5523

0.4732

JanuMarcMayJulySeptNove

SRD to SZL 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 0.5184, compared to 0.4919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.5184

H2 Avg (Jul–Dec) 0.4919

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0551 SZL (High: 0.5483 / Low: 0.4932). On the other end, September was the most stable month, with a tight range of 0.0131 SZL (High: 0.5021 / Low: 0.4891).

March Spread (Volatile) ±0.0551

September Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between July and October, 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 0.0349 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5457) against the same month in 2022 (average: 0.7387), the exchange rate shifted by -0.1931 (-26.13%).

2023 Avg (February) 0.5457

2022 Avg (February) 0.7387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5448	0.5304	0.5376
February	0.5564	0.5311	0.5457
March	0.5483	0.4932	0.5279
April	0.5049	0.4840	0.4930
May	0.5299	0.4875	0.5099
June	0.5243	0.4782	0.4965
July	0.5049	0.4576	0.4798
August	0.5102	0.4671	0.4907
September	0.5021	0.4891	0.4949
October	0.5094	0.4894	0.4998
November	0.4975	0.4771	0.4873
December	0.5102	0.4838	0.4987