YEARLY HIGH
38.6215 SRD
YEARLY LOW
31.5575 SRD
YEARLY AVERAGE
36.5916 SRD

2023 BMD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BMD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 38.6215. Conversely, the yearly low was recorded on January 8, dropping to 31.5575.

This high-to-low spread represents a total annual volatility of 7.0640 SRD. From a start-to-finish perspective, comparing the January average rate of 31.8158 to the December average rate of 37.3643, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 38.6215 was up 20.83% compared to the 2022 peak of 31.9640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,108 SRD
2022 Average 121,172 SRD
Yearly Trough Low 157,788 SRD
Transaction Impact: A difference of 35,320.00 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

38.9481
31.1675
JanuMarcMayJulySeptNove

BMD to SRD 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 35.1724, compared to 38.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8382 points.

H1 Avg (Jan–Jun) 35.1724
H2 Avg (Jul–Dec) 38.0107

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 2.5755 SRD (High: 36.0975 / Low: 33.5220). On the other end, November was the most stable month, with a tight range of 0.3495 SRD (High: 38.1495 / Low: 37.8000).

March Spread (Volatile) ±2.5755
November Spread (Stable) ±0.3495

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6201 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.6201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 37.9936) against the same month in 2022 (average: 22.8888), the exchange rate shifted by +15.1048 (+65.99%).

2023 Avg (July) 37.9936
2022 Avg (July) 22.8888

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.4185 31.5575 31.8158
February 33.8945 32.0000 32.8079
March 36.0975 33.5220 34.5917
April 37.4085 35.7535 36.7762
May 37.8750 37.1115 37.3422
June 38.3255 37.3245 37.7006
July 38.6215 37.0000 37.9936
August 38.5620 38.1850 38.2727
September 38.5965 38.0565 38.2997
October 38.3685 37.9990 38.1494
November 38.1495 37.8000 37.9844
December 37.8830 36.7455 37.3643