YEARLY HIGH
0.4451 SRD
YEARLY LOW
0.3415 SRD
YEARLY AVERAGE
0.3963 SRD

2024 BTN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.4451. Conversely, the yearly low was recorded on August 13, dropping to 0.3415.

This high-to-low spread represents a total annual volatility of 0.1036 SRD. From a start-to-finish perspective, comparing the January average rate of 0.4415 to the December average rate of 0.4146, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4451 was down 5.24% compared to the 2023 peak of 0.4697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,226 SRD
2023 Average 2,217 SRD
Yearly Trough Low 1,707 SRD
Transaction Impact: A difference of 518.17 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4513
0.3338
JanuMarcMayJulySeptNove

BTN 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 0.4140, compared to 0.3786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 0.4140
H2 Avg (Jul–Dec) 0.3786

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0437 SRD (High: 0.4093 / Low: 0.3656). On the other end, August was the most stable month, with a tight range of 0.0061 SRD (High: 0.3476 / Low: 0.3415).

October Spread (Volatile) ±0.0437
August Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0240 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4415) against the same month in 2023 (average: 0.3889), the exchange rate shifted by +0.0526 (+13.54%).

2024 Avg (January) 0.4415
2023 Avg (January) 0.3889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4451 0.4359 0.4415
February 0.4431 0.4257 0.4356
March 0.4296 0.4181 0.4246
April 0.4212 0.4050 0.4153
May 0.4046 0.3848 0.3913
June 0.3880 0.3667 0.3756
July 0.3694 0.3445 0.3553
August 0.3476 0.3415 0.3436
September 0.3675 0.3441 0.3545
October 0.4093 0.3656 0.3868
November 0.4215 0.4085 0.4172
December 0.4193 0.4095 0.4146