YEARLY HIGH
14.2908 SRD
YEARLY LOW
11.6769 SRD
YEARLY AVERAGE
13.5396 SRD

2023 XCD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 14.2908. Conversely, the yearly low was recorded on January 8, dropping to 11.6769.

This high-to-low spread represents a total annual volatility of 2.6138 SRD. From a start-to-finish perspective, comparing the January average rate of 11.7725 to the December average rate of 13.8256, 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 14.2908 was up 20.83% compared to the 2022 peak of 11.8273, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,454 SRD
2022 Average 44,836 SRD
Yearly Trough Low 58,385 SRD
Transaction Impact: A difference of 13,069.14 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.4116
11.5326
JanuMarcMayJulySeptNove

XCD 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 13.0145, compared to 14.0647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0502 points.

H1 Avg (Jan–Jun) 13.0145
H2 Avg (Jul–Dec) 14.0647

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.9530 SRD (High: 13.3568 / Low: 12.4038). On the other end, November was the most stable month, with a tight range of 0.1293 SRD (High: 14.1161 / Low: 13.9868).

March Spread (Volatile) ±0.9530
November Spread (Stable) ±0.1293

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 0.2295 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 14.0584) against the same month in 2022 (average: 8.4693), the exchange rate shifted by +5.5891 (+65.99%).

2023 Avg (July) 14.0584
2022 Avg (July) 8.4693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9955 11.6769 11.7725
February 12.5417 11.8407 12.1396
March 13.3568 12.4038 12.7997
April 13.8419 13.2295 13.6080
May 14.0145 13.7320 13.8174
June 14.1812 13.8108 13.9500
July 14.2908 13.6908 14.0584
August 14.2687 14.1292 14.1617
September 14.2815 14.0817 14.1717
October 14.1971 14.0604 14.1161
November 14.1161 13.9868 14.0550
December 14.0175 13.5966 13.8256