YEARLY HIGH
0.0034 SBD
YEARLY LOW
0.0033 SBD
YEARLY AVERAGE
0.0033 SBD

2023 SYP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0034. Conversely, the yearly low was recorded on February 7, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0001 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0034, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0034 was up 2.64% compared to the 2022 peak of 0.0033, 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 17 SBD
2022 Average 16 SBD
Yearly Trough Low 16 SBD
Transaction Impact: A difference of 0.60 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0034
0.0033
JanuMarcMayJulySeptNove

SYP to SBD 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 0.0033, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0033
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0001 SBD (High: 0.0034 / Low: 0.0033). On the other end, August was the most stable month, with a tight range of 0.0000 SBD (High: 0.0033 / Low: 0.0033).

July Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0000 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0034) against the same month in 2022 (average: 0.0033), the exchange rate shifted by +0.0001 (+3.25%).

2023 Avg (October) 0.0034
2022 Avg (October) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0033 0.0033 0.0033
February 0.0033 0.0033 0.0033
March 0.0033 0.0033 0.0033
April 0.0033 0.0033 0.0033
May 0.0033 0.0033 0.0033
June 0.0033 0.0033 0.0033
July 0.0034 0.0033 0.0033
August 0.0033 0.0033 0.0033
September 0.0034 0.0033 0.0033
October 0.0034 0.0033 0.0034
November 0.0034 0.0033 0.0034
December 0.0034 0.0034 0.0034