YEARLY HIGH
0.0746 TOP
YEARLY LOW
0.0607 TOP
YEARLY AVERAGE
0.0648 TOP

2023 SRD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0746. Conversely, the yearly low was recorded on July 19, dropping to 0.0607.

This high-to-low spread represents a total annual volatility of 0.0138 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0732 to the December average rate of 0.0629, the exchange rate registered a net change of -14.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0746 was down 33.59% compared to the 2022 peak of 0.1123, 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 373 TOP
2022 Average 491 TOP
Yearly Trough Low 304 TOP
Transaction Impact: A difference of 69.25 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0744
0.0607
JanuMarcMayJulySeptNove

SRD to TOP 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 0.0671, compared to 0.0625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0671
H2 Avg (Jul–Dec) 0.0625

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0052 TOP (High: 0.0703 / Low: 0.0651). On the other end, November was the most stable month, with a tight range of 0.0011 TOP (High: 0.0632 / Low: 0.0622).

March Spread (Volatile) ±0.0052
November Spread (Stable) ±0.0011

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 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0732) against the same month in 2022 (average: 0.1076), the exchange rate shifted by -0.0343 (-31.92%).

2023 Avg (January) 0.0732
2022 Avg (January) 0.1076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0746 0.0716 0.0732
February 0.0726 0.0697 0.0713
March 0.0703 0.0651 0.0682
April 0.0657 0.0629 0.0640
May 0.0639 0.0618 0.0632
June 0.0638 0.0612 0.0626
July 0.0638 0.0607 0.0618
August 0.0626 0.0610 0.0621
September 0.0628 0.0618 0.0624
October 0.0634 0.0623 0.0628
November 0.0632 0.0622 0.0628
December 0.0634 0.0623 0.0629