2023 XDR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XDR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XDR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 3439.8193. Conversely, the yearly low was recorded on October 1, dropping to 3287.4685.
This high-to-low spread represents a total annual volatility of 152.3508 SYP. From a start-to-finish perspective, comparing the January average rate of 3375.5280 to the December average rate of 3350.8230, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 3439.8193 was down 3.12% compared to the 2022 peak of 3550.5953, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XDR to SYP 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 3369.4050, compared to 3337.5067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 31.8982 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 77.4151 SYP (High: 3410.3903 / Low: 3332.9752). On the other end, October was the most stable month, with a tight range of 31.2165 SYP (High: 3318.6851 / Low: 3287.4685).
Growth Streaks & Declines
TrendsBetween October and December, 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 32.5971 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 3391.2480) against the same month in 2022 (average: 3477.8100), the exchange rate shifted by -86.5620 (-2.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3397.5560 | 3333.0017 | 3375.5280 |
| February | 3410.3903 | 3332.9752 | 3365.1722 |
| March | 3381.9885 | 3330.6909 | 3352.5689 |
| April | 3439.8193 | 3375.4368 | 3391.2480 |
| May | 3401.3551 | 3346.3456 | 3378.4685 |
| June | 3389.9785 | 3333.0017 | 3353.4441 |
| July | 3405.2505 | 3340.4507 | 3376.4065 |
| August | 3399.3165 | 3331.2606 | 3354.2838 |
| September | 3345.9267 | 3287.4685 | 3321.6867 |
| October | 3318.6851 | 3287.4685 | 3299.5976 |
| November | 3356.1168 | 3293.7995 | 3322.2429 |
| December | 3372.3243 | 3318.0540 | 3350.8230 |