YEARLY HIGH
0.0750 LRD
YEARLY LOW
0.0612 LRD
YEARLY AVERAGE
0.0695 LRD

2023 SYP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0750. Conversely, the yearly low was recorded on March 26, dropping to 0.0612.

This high-to-low spread represents a total annual volatility of 0.0138 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0618 to the December average rate of 0.0749, the exchange rate registered a net change of 21.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0750 was up 21.97% compared to the 2022 peak of 0.0615, 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 375 LRD
2022 Average 304 LRD
Yearly Trough Low 306 LRD
Transaction Impact: A difference of 69.05 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0762
0.0605
JanuMarcMayJulySeptNove

SYP to LRD 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 0.0647, compared to 0.0742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.0647
H2 Avg (Jul–Dec) 0.0742

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0044 LRD (High: 0.0717 / Low: 0.0673). On the other end, November was the most stable month, with a tight range of 0.0002 LRD (High: 0.0749 / Low: 0.0746).

June Spread (Volatile) ±0.0044
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0749) against the same month in 2022 (average: 0.0614), the exchange rate shifted by +0.0135 (+22.07%).

2023 Avg (December) 0.0749
2022 Avg (December) 0.0614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0624 0.0612 0.0618
February 0.0633 0.0612 0.0623
March 0.0646 0.0612 0.0635
April 0.0658 0.0646 0.0649
May 0.0673 0.0658 0.0665
June 0.0717 0.0673 0.0695
July 0.0742 0.0717 0.0731
August 0.0743 0.0740 0.0742
September 0.0743 0.0740 0.0742
October 0.0746 0.0742 0.0744
November 0.0749 0.0746 0.0747
December 0.0750 0.0746 0.0749