2024 ETB to SRD Historical Review

YEARLY HIGH

0.6560 SRD

YEARLY LOW

0.2513 SRD

YEARLY AVERAGE

0.4599 SRD

2024 ETB to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.6560. Conversely, the yearly low was recorded on September 15, dropping to 0.2513.

This high-to-low spread represents a total annual volatility of 0.4048 SRD. From a start-to-finish perspective, comparing the January average rate of 0.6502 to the December average rate of 0.2781, the exchange rate registered a net change of -57.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6560 was down 6.82% compared to the 2023 peak of 0.7041, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,280 SRD

2023 Average 3,342 SRD

Yearly Trough Low 1,256 SRD

Transaction Impact: A difference of 2,023.91 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6895

0.2180

JanuMarcMayJulySeptNove

ETB 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 0.6054, compared to 0.3145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2909 points.

H1 Avg (Jan–Jun) 0.6054

H2 Avg (Jul–Dec) 0.3145

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1499 SRD (High: 0.5341 / Low: 0.3842). On the other end, December was the most stable month, with a tight range of 0.0094 SRD (High: 0.2840 / Low: 0.2746).

July Spread (Volatile) ±0.1499

December Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.2275 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6502) against the same month in 2023 (average: 0.5932), the exchange rate shifted by +0.0570 (+9.62%).

2024 Avg (January) 0.6502

2023 Avg (January) 0.5932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6560	0.6452	0.6502
February	0.6507	0.6222	0.6385
March	0.6277	0.6132	0.6210
April	0.6173	0.5896	0.6083
May	0.5911	0.5596	0.5690
June	0.5612	0.5303	0.5453
July	0.5341	0.3842	0.5110
August	0.3658	0.2557	0.2834
September	0.2642	0.2513	0.2573
October	0.2860	0.2547	0.2702
November	0.2907	0.2799	0.2870
December	0.2840	0.2746	0.2781