2024 GMD to SRD Historical Review

YEARLY HIGH

0.5492 SRD

YEARLY LOW

0.4058 SRD

YEARLY AVERAGE

0.4820 SRD

2024 GMD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.5492. Conversely, the yearly low was recorded on August 28, dropping to 0.4058.

This high-to-low spread represents a total annual volatility of 0.1434 SRD. From a start-to-finish perspective, comparing the January average rate of 0.5452 to the December average rate of 0.4904, the exchange rate registered a net change of -10.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5492 was down 14.82% compared to the 2023 peak of 0.6448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,746 SRD

2023 Average 2,943 SRD

Yearly Trough Low 2,029 SRD

Transaction Impact: A difference of 716.97 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5585

0.3991

JanuMarcMayJulySeptNove

GMD 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 0.5087, compared to 0.4553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0535 points.

H1 Avg (Jan–Jun) 0.5087

H2 Avg (Jul–Dec) 0.4553

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0528 SRD (High: 0.4945 / Low: 0.4417). On the other end, January was the most stable month, with a tight range of 0.0084 SRD (High: 0.5492 / Low: 0.5408).

October Spread (Volatile) ±0.0528

January Spread (Stable) ±0.0084

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 0.0285 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5452) against the same month in 2023 (average: 0.5130), the exchange rate shifted by +0.0323 (+6.29%).

2024 Avg (January) 0.5452

2023 Avg (January) 0.5130

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5492	0.5408	0.5452
February	0.5449	0.5194	0.5348
March	0.5224	0.5131	0.5186
April	0.5172	0.4989	0.5098
May	0.4991	0.4740	0.4813
June	0.4758	0.4518	0.4627
July	0.4552	0.4170	0.4378
August	0.4178	0.4058	0.4124
September	0.4482	0.4068	0.4272
October	0.4945	0.4417	0.4694
November	0.5041	0.4840	0.4946
December	0.4987	0.4869	0.4904