YEARLY HIGH
18.3316 SRD
YEARLY LOW
14.2262 SRD
YEARLY AVERAGE
16.4496 SRD

2024 BZD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 18.3316. Conversely, the yearly low was recorded on August 13, dropping to 14.2262.

This high-to-low spread represents a total annual volatility of 4.1054 SRD. From a start-to-finish perspective, comparing the January average rate of 18.2044 to the December average rate of 17.5028, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.3316 was down 4.27% compared to the 2023 peak of 19.1485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,658 SRD
2023 Average 90,862 SRD
Yearly Trough Low 71,131 SRD
Transaction Impact: A difference of 20,526.90 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.5949
13.9083
JanuMarcMayJulySeptNove

BZD 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 17.0913, compared to 15.8080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2834 points.

H1 Avg (Jan–Jun) 17.0913
H2 Avg (Jul–Dec) 15.8080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.8388 SRD (High: 17.0593 / Low: 15.2205). On the other end, December was the most stable month, with a tight range of 0.2025 SRD (High: 17.6354 / Low: 17.4329).

October Spread (Volatile) ±1.8388
December Spread (Stable) ±0.2025

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 0.9907 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 18.2044) against the same month in 2023 (average: 15.7839), the exchange rate shifted by +2.4205 (+15.34%).

2024 Avg (January) 18.2044
2023 Avg (January) 15.7839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3316 18.0746 18.2044
February 18.2548 17.5076 17.9329
March 17.6218 17.2868 17.4883
April 17.4165 16.7675 17.1794
May 16.7766 15.9445 16.1887
June 16.0020 15.1862 15.5544
July 15.2986 14.3106 14.7352
August 14.4393 14.2262 14.2988
September 15.2338 14.3155 14.7349
October 17.0593 15.2205 16.1232
November 17.6442 17.0464 17.4529
December 17.6354 17.4329 17.5028