YEARLY HIGH
0.0238 XDR
YEARLY LOW
0.0192 XDR
YEARLY AVERAGE
0.0206 XDR

2023 SRD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0238. Conversely, the yearly low was recorded on July 23, dropping to 0.0192.

This high-to-low spread represents a total annual volatility of 0.0046 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0234 to the December average rate of 0.0201, the exchange rate registered a net change of -14.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0238 was down 32.26% compared to the 2022 peak of 0.0351, 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 119 XDR
2022 Average 154 XDR
Yearly Trough Low 96 XDR
Transaction Impact: A difference of 23.01 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0238
0.0192
JanuMarcMayJulySeptNove

SRD to XDR 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 0.0213, compared to 0.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0213
H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0018 XDR (High: 0.0224 / Low: 0.0206). On the other end, October was the most stable month, with a tight range of 0.0003 XDR (High: 0.0201 / Low: 0.0198).

March Spread (Volatile) ±0.0018
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0234) against the same month in 2022 (average: 0.0337), the exchange rate shifted by -0.0103 (-30.55%).

2023 Avg (January) 0.0234
2022 Avg (January) 0.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0238 0.0229 0.0234
February 0.0232 0.0222 0.0228
March 0.0224 0.0206 0.0217
April 0.0208 0.0196 0.0201
May 0.0201 0.0196 0.0199
June 0.0202 0.0195 0.0199
July 0.0203 0.0192 0.0196
August 0.0197 0.0193 0.0196
September 0.0200 0.0195 0.0198
October 0.0201 0.0198 0.0200
November 0.0201 0.0197 0.0199
December 0.0203 0.0198 0.0201