2023 USD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 USD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the USD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 601.5000. Conversely, the yearly low was recorded on November 20, dropping to 546.0000.
This high-to-low spread represents a total annual volatility of 55.5000 SDG. From a start-to-finish perspective, comparing the January average rate of 576.8492 to the December average rate of 601.0000, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 601.5000 was up 3.89% compared to the 2022 peak of 579.0000, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 USD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
USD 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 591.8915, compared to 600.6996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.8081 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 55.0000 SDG (High: 601.0000 / Low: 546.0000). On the other end, December was the most stable month, with a tight range of 0.0000 SDG (High: 601.0000 / Low: 601.0000).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.3194 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 601.2167) against the same month in 2022 (average: 456.2333), the exchange rate shifted by +144.9833 (+31.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 582.5000 | 568.8248 | 576.8492 |
| February | 589.5000 | 583.5000 | 585.5893 |
| March | 595.5000 | 568.8248 | 589.7137 |
| April | 600.5000 | 572.5000 | 597.8833 |
| May | 601.0000 | 598.5000 | 600.0968 |
| June | 601.5000 | 600.5000 | 601.2167 |
| July | 601.5000 | 600.5000 | 601.0726 |
| August | 601.5000 | 601.0000 | 601.3387 |
| September | 601.5000 | 600.5000 | 601.2667 |
| October | 601.5000 | 600.0000 | 600.9194 |
| November | 601.0000 | 546.0000 | 598.6000 |
| December | 601.0000 | 601.0000 | 601.0000 |