YEARLY HIGH
40.5582 SRD
YEARLY LOW
31.0932 SRD
YEARLY AVERAGE
35.8477 SRD

2024 EUR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 40.5582. Conversely, the yearly low was recorded on August 1, dropping to 31.0932.

This high-to-low spread represents a total annual volatility of 9.4650 SRD. From a start-to-finish perspective, comparing the January average rate of 40.0286 to the December average rate of 36.8817, the exchange rate registered a net change of -7.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 40.5582 was down 5.88% compared to the 2023 peak of 43.0933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,791 SRD
2023 Average 198,172 SRD
Yearly Trough Low 155,466 SRD
Transaction Impact: A difference of 47,325.07 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

40.8568
30.9185
JanuMarcMayJulySeptNove

EUR 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 37.2470, compared to 34.4483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7988 points.

H1 Avg (Jan–Jun) 37.2470
H2 Avg (Jul–Dec) 34.4483

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 3.5792 SRD (High: 37.4052 / Low: 33.8260). On the other end, December was the most stable month, with a tight range of 0.9668 SRD (High: 37.3660 / Low: 36.3992).

October Spread (Volatile) ±3.5792
December Spread (Stable) ±0.9668

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 1.8437 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 40.0286) against the same month in 2023 (average: 34.3244), the exchange rate shifted by +5.7042 (+16.62%).

2024 Avg (January) 40.0286
2023 Avg (January) 34.3244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 40.5582 39.5830 40.0286
February 39.9410 38.1521 39.0253
March 38.8305 37.6852 38.2996
April 37.9040 36.0657 37.1131
May 36.2612 34.7510 35.2694
June 35.1590 32.7811 33.7463
July 33.1104 31.2167 32.2277
August 32.2288 31.0932 31.7467
September 34.2971 31.9138 33.0067
October 37.4052 33.8260 35.4306
November 38.1652 36.9777 37.3961
December 37.3660 36.3992 36.8817