YEARLY HIGH
0.0137 SRD
YEARLY LOW
0.0100 SRD
YEARLY AVERAGE
0.0118 SRD

2024 CDF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0137. Conversely, the yearly low was recorded on August 3, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0037 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0135 to the December average rate of 0.0123, the exchange rate registered a net change of -8.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0137 was down 25.83% compared to the 2023 peak of 0.0185, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69 SRD
2023 Average 79 SRD
Yearly Trough Low 50 SRD
Transaction Impact: A difference of 18.53 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0138
0.0098
JanuMarcMayJulySeptNove

CDF 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 0.0124, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0124
H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0012 SRD (High: 0.0120 / Low: 0.0108). On the other end, December was the most stable month, with a tight range of 0.0002 SRD (High: 0.0124 / Low: 0.0123).

October Spread (Volatile) ±0.0012
December Spread (Stable) ±0.0002

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 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0135) against the same month in 2023 (average: 0.0155), the exchange rate shifted by -0.0020 (-13.20%).

2024 Avg (January) 0.0135
2023 Avg (January) 0.0155

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0137 0.0133 0.0135
February 0.0134 0.0127 0.0131
March 0.0128 0.0125 0.0127
April 0.0126 0.0121 0.0124
May 0.0121 0.0114 0.0117
June 0.0115 0.0107 0.0111
July 0.0108 0.0101 0.0104
August 0.0102 0.0100 0.0101
September 0.0108 0.0101 0.0104
October 0.0120 0.0108 0.0114
November 0.0124 0.0121 0.0123
December 0.0124 0.0123 0.0123