2023 TOP to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TOP to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TOP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 8997.3411. Conversely, the yearly low was recorded on June 2, dropping to 7417.8244.
This high-to-low spread represents a total annual volatility of 1579.5166 SLL. From a start-to-finish perspective, comparing the January average rate of 7583.2538 to the December average rate of 8923.8804, the exchange rate registered a net change of 17.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 8997.3411 was up 18.61% compared to the 2022 peak of 7585.7254, 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 SLL 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 7519.6383, compared to 8626.7330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1107.0947 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 1465.1299 SLL (High: 8921.8627 / Low: 7456.7328). On the other end, September was the most stable month, with a tight range of 51.4478 SLL (High: 8795.9792 / Low: 8744.5314).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 68.7693 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 8923.8804) against the same month in 2022 (average: 7528.0994), the exchange rate shifted by +1395.7810 (+18.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7645.8192 | 7504.4649 | 7583.2538 |
| February | 7640.7362 | 7479.6992 | 7558.4467 |
| March | 7531.0001 | 7439.0537 | 7489.6774 |
| April | 7539.8816 | 7460.2630 | 7506.4882 |
| May | 7546.8361 | 7417.8244 | 7488.5680 |
| June | 7556.4887 | 7417.8244 | 7491.3955 |
| July | 8921.8627 | 7456.7328 | 7704.4090 |
| August | 8921.7792 | 8764.4359 | 8817.3081 |
| September | 8795.9792 | 8744.5314 | 8769.7569 |
| October | 8800.1984 | 8698.9438 | 8747.1364 |
| November | 8896.5926 | 8717.3544 | 8797.9071 |
| December | 8997.3411 | 8865.1718 | 8923.8804 |