2023 SRD to XCD Historical Review

YEARLY HIGH

0.0856 XCD

YEARLY LOW

0.0700 XCD

YEARLY AVERAGE

0.0741 XCD

2023 SRD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0856. Conversely, the yearly low was recorded on July 31, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0157 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0849 to the December average rate of 0.0723, 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 0.0856 was down 35.66% compared to the 2022 peak of 0.1331, 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 428 XCD

2022 Average 571 XCD

Yearly Trough Low 350 XCD

Transaction Impact: A difference of 78.32 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0864

0.0691

JanuMarcMayJulySeptNove

SRD to XCD 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 0.0772, compared to 0.0711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.0772

H2 Avg (Jul–Dec) 0.0711

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0058 XCD (High: 0.0806 / Low: 0.0749). On the other end, November was the most stable month, with a tight range of 0.0007 XCD (High: 0.0715 / Low: 0.0708).

March Spread (Volatile) ±0.0058

November Spread (Stable) ±0.0007

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 0.0047 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0849) against the same month in 2022 (average: 0.1277), the exchange rate shifted by -0.0428 (-33.50%).

2023 Avg (January) 0.0849

2022 Avg (January) 0.1277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0856	0.0834	0.0849
February	0.0845	0.0797	0.0824
March	0.0806	0.0749	0.0782
April	0.0756	0.0722	0.0735
May	0.0728	0.0714	0.0724
June	0.0724	0.0705	0.0717
July	0.0730	0.0700	0.0711
August	0.0708	0.0701	0.0706
September	0.0710	0.0700	0.0706
October	0.0711	0.0704	0.0708
November	0.0715	0.0708	0.0711
December	0.0735	0.0713	0.0723