YEARLY HIGH
0.1128 SYP
YEARLY LOW
0.1101 SYP
YEARLY AVERAGE
0.1112 SYP

2023 STD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.1128. Conversely, the yearly low was recorded on July 27, dropping to 0.1101.

This high-to-low spread represents a total annual volatility of 0.0027 SYP. From a start-to-finish perspective, comparing the January average rate of 0.1101 to the December average rate of 0.1128, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1128 was down 5.25% compared to the 2022 peak of 0.1190, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 STD based on timing:

Yearly Peak High 564 SYP
2022 Average 567 SYP
Yearly Trough Low 550 SYP
Transaction Impact: A difference of 13.39 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1130
0.1098
JanuMarcMayJulySeptNove

STD 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 0.1101, compared to 0.1124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1101
H2 Avg (Jul–Dec) 0.1124

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0027 SYP (High: 0.1128 / Low: 0.1101). On the other end, December was the most stable month, with a tight range of 0.0000 SYP (High: 0.1128 / Low: 0.1128).

July Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. No significant month-over-month rate declines were detected.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1104) against the same month in 2022 (average: 0.1128), the exchange rate shifted by -0.0024 (-2.14%).

2023 Avg (July) 0.1104
2022 Avg (July) 0.1128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1101 0.1101 0.1101
February 0.1101 0.1101 0.1101
March 0.1101 0.1101 0.1101
April 0.1101 0.1101 0.1101
May 0.1101 0.1101 0.1101
June 0.1101 0.1101 0.1101
July 0.1128 0.1101 0.1104
August 0.1128 0.1128 0.1128
September 0.1128 0.1128 0.1128
October 0.1128 0.1128 0.1128
November 0.1128 0.1128 0.1128
December 0.1128 0.1128 0.1128