2023 TOP to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TOP to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TOP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 259.1357. Conversely, the yearly low was recorded on November 20, dropping to 229.2741.
This high-to-low spread represents a total annual volatility of 29.8616 SDG. From a start-to-finish perspective, comparing the January average rate of 247.6379 to the December average rate of 255.7644, the exchange rate registered a net change of 3.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 259.1357 was up 4.97% compared to the 2022 peak of 246.8569, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TOP to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 251.9403, compared to 252.9786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0383 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 25.5891 SDG (High: 254.8632 / Low: 229.2741). On the other end, September was the most stable month, with a tight range of 1.6843 SDG (High: 252.3084 / Low: 250.6242).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.1305 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 255.9832) against the same month in 2022 (average: 194.1123), the exchange rate shifted by +61.8709 (+31.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 252.1194 | 243.2101 | 247.6379 |
| February | 252.8125 | 249.3782 | 250.5563 |
| March | 253.3350 | 241.1366 | 250.0256 |
| April | 255.9713 | 242.5781 | 254.0634 |
| May | 256.3318 | 252.1598 | 254.3932 |
| June | 257.3013 | 252.3698 | 254.9652 |
| July | 259.1357 | 253.9046 | 255.9832 |
| August | 255.9169 | 251.4036 | 252.8527 |
| September | 252.3084 | 250.6242 | 251.4587 |
| October | 252.0368 | 249.3176 | 250.6651 |
| November | 254.8632 | 229.2741 | 251.1472 |
| December | 257.8699 | 254.0818 | 255.7644 |