YEARLY HIGH
130.0085 STD
YEARLY LOW
124.4730 STD
YEARLY AVERAGE
127.0416 STD

2023 DJF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 130.0085. Conversely, the yearly low was recorded on December 16, dropping to 124.4730.

This high-to-low spread represents a total annual volatility of 5.5355 STD. From a start-to-finish perspective, comparing the January average rate of 128.4064 to the December average rate of 125.1117, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 130.0085 was down 2.27% compared to the 2022 peak of 133.0346, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 650,042 STD
2022 Average 622,748 STD
Yearly Trough Low 622,365 STD
Transaction Impact: A difference of 27,677.47 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

128.8312
124.7735
JanuMarcMayJulySeptNove

DJF to STD 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 128.3650, compared to 125.7183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6467 points.

H1 Avg (Jan–Jun) 128.3650
H2 Avg (Jul–Dec) 125.7183

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 4.0463 STD (High: 129.2543 / Low: 125.2081). On the other end, January was the most stable month, with a tight range of 0.6141 STD (High: 128.7582 / Low: 128.1441).

July Spread (Volatile) ±4.0463
January Spread (Stable) ±0.6141

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 2.8268 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.8268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 128.4762) against the same month in 2022 (average: 120.1753), the exchange rate shifted by +8.3010 (+6.91%).

2023 Avg (March) 128.4762
2022 Avg (March) 120.1753

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 128.7582 128.1441 128.4064
February 129.3448 127.0234 128.2371
March 130.0085 128.1078 128.4762
April 129.8984 128.1006 128.4931
May 128.5899 127.9318 128.3316
June 128.9880 127.7041 128.2455
July 129.2543 125.2081 128.0722
August 126.0790 124.4793 125.2454
September 125.5874 124.4793 125.1684
October 125.7012 124.8280 125.2779
November 126.1777 124.8280 125.4343
December 125.5313 124.4730 125.1117