YEARLY HIGH
28396.2955 SLL
YEARLY LOW
23417.2945 SLL
YEARLY AVERAGE
25450.0303 SLL

2023 XDR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 28396.2955. Conversely, the yearly low was recorded on March 15, dropping to 23417.2945.

This high-to-low spread represents a total annual volatility of 4979.0011 SLL. From a start-to-finish perspective, comparing the January average rate of 23732.5336 to the December average rate of 27965.8680, the exchange rate registered a net change of 17.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28396.2955 was up 14.42% compared to the 2022 peak of 24818.1315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,981,478 SLL
2022 Average 93,932,440 SLL
Yearly Trough Low 117,086,472 SLL
Transaction Impact: A difference of 24,895,005.32 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28437.1156
23128.7497
JanuMarcMayJulySeptNove

XDR to SLL 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 23689.4838, compared to 27210.5768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3521.0931 points.

H1 Avg (Jan–Jun) 23689.4838
H2 Avg (Jul–Dec) 27210.5768

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 4910.3824 SLL (High: 28396.2955 / Low: 23485.9131). On the other end, October was the most stable month, with a tight range of 260.5324 SLL (High: 27697.6460 / Low: 27437.1136).

July Spread (Volatile) ±4910.3824
October Spread (Stable) ±260.5324

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 272.0541 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -272.0541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 24314.4615) against the same month in 2022 (average: 18400.3425), the exchange rate shifted by +5914.1190 (+32.14%).

2023 Avg (July) 24314.4615
2022 Avg (July) 18400.3425

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23887.4067 23433.5411 23732.5336
February 23977.6417 23433.3546 23659.7242
March 23777.9558 23417.2945 23571.1135
April 24184.5501 23731.8921 23843.0573
May 23914.1177 23527.3591 23753.2076
June 23834.1312 23433.5411 23577.2666
July 28396.2955 23485.9131 24314.4615
August 28370.5935 27802.6008 27994.7517
September 27925.0042 27437.1136 27722.6976
October 27697.6460 27437.1136 27538.3424
November 28010.0502 27489.9516 27727.3398
December 28145.3176 27692.3788 27965.8680