YEARLY HIGH
0.0715 DJF
YEARLY LOW
0.0699 DJF
YEARLY AVERAGE
0.0708 DJF

2023 SYP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0715. Conversely, the yearly low was recorded on March 18, dropping to 0.0699.

This high-to-low spread represents a total annual volatility of 0.0016 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0707 to the December average rate of 0.0709, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0715 was down 0.01% compared to the 2022 peak of 0.0715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 358 DJF
2022 Average 354 DJF
Yearly Trough Low 349 DJF
Transaction Impact: A difference of 8.21 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0709
0.0707
JanuMarcMayJulySeptNove

SYP to DJF 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 0.0708, compared to 0.0708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0708
H2 Avg (Jul–Dec) 0.0708

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0013 DJF (High: 0.0715 / Low: 0.0702). On the other end, January was the most stable month, with a tight range of 0.0003 DJF (High: 0.0709 / Low: 0.0706).

February Spread (Volatile) ±0.0013
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0708) against the same month in 2022 (average: 0.0708), the exchange rate shifted by +0.0000 (+0.02%).

2023 Avg (February) 0.0708
2022 Avg (February) 0.0708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0709 0.0706 0.0707
February 0.0715 0.0702 0.0708
March 0.0709 0.0699 0.0707
April 0.0709 0.0699 0.0707
May 0.0710 0.0706 0.0708
June 0.0711 0.0704 0.0708
July 0.0708 0.0703 0.0707
August 0.0712 0.0703 0.0708
September 0.0712 0.0706 0.0709
October 0.0710 0.0706 0.0708
November 0.0710 0.0703 0.0707
December 0.0712 0.0706 0.0709