2024 BBD to SRD Historical Review

YEARLY HIGH

18.4750 SRD

YEARLY LOW

14.3340 SRD

YEARLY AVERAGE

16.5741 SRD

2024 BBD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 18.4750. Conversely, the yearly low was recorded on August 13, dropping to 14.3340.

This high-to-low spread represents a total annual volatility of 4.1410 SRD. From a start-to-finish perspective, comparing the January average rate of 18.3443 to the December average rate of 17.6091, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.4750 was down 4.33% compared to the 2023 peak of 19.3107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,375 SRD

2023 Average 91,527 SRD

Yearly Trough Low 71,670 SRD

Transaction Impact: A difference of 20,705.00 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.7389

14.0038

JanuMarcMayJulySeptNove

BBD 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 17.2216, compared to 15.9266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2949 points.

H1 Avg (Jan–Jun) 17.2216

H2 Avg (Jul–Dec) 15.9266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.8355 SRD (High: 17.1835 / Low: 15.3480). On the other end, August was the most stable month, with a tight range of 0.1148 SRD (High: 14.4488 / Low: 14.3340).

October Spread (Volatile) ±1.8355

August Spread (Stable) ±0.1148

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.9981 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 18.3443) against the same month in 2023 (average: 15.9079), the exchange rate shifted by +2.4364 (+15.32%).

2024 Avg (January) 18.3443

2023 Avg (January) 15.9079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.4750	18.2000	18.3443
February	18.3648	17.6515	18.0767
March	17.7425	17.4265	17.6151
April	17.5460	16.9067	17.3071
May	16.9067	16.0678	16.3090
June	16.1172	15.3115	15.6771
July	15.4192	14.4268	14.8458
August	14.4488	14.3340	14.3983
September	15.3503	14.4425	14.8529
October	17.1835	15.3480	16.2600
November	17.7692	17.1835	17.5934
December	17.7025	17.5290	17.6091