YEARLY HIGH
0.4138 SRD
YEARLY LOW
0.3346 SRD
YEARLY AVERAGE
0.3801 SRD

2024 KGS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.4138. Conversely, the yearly low was recorded on August 13, dropping to 0.3346.

This high-to-low spread represents a total annual volatility of 0.0791 SRD. From a start-to-finish perspective, comparing the January average rate of 0.4111 to the December average rate of 0.4052, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4138 was down 6.04% compared to the 2023 peak of 0.4403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,069 SRD
2023 Average 2,083 SRD
Yearly Trough Low 1,673 SRD
Transaction Impact: A difference of 395.71 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4184
0.3308
JanuMarcMayJulySeptNove

KGS 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 0.3879, compared to 0.3722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 0.3879
H2 Avg (Jul–Dec) 0.3722

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0362 SRD (High: 0.4005 / Low: 0.3644). On the other end, December was the most stable month, with a tight range of 0.0049 SRD (High: 0.4079 / Low: 0.4030).

October Spread (Volatile) ±0.0362
December Spread (Stable) ±0.0049

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 0.0190 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4111) against the same month in 2023 (average: 0.3718), the exchange rate shifted by +0.0393 (+10.57%).

2024 Avg (January) 0.4111
2023 Avg (January) 0.3718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4138 0.4080 0.4111
February 0.4112 0.3948 0.4043
March 0.3968 0.3894 0.3938
April 0.3925 0.3813 0.3886
May 0.3813 0.3638 0.3696
June 0.3676 0.3532 0.3600
July 0.3571 0.3434 0.3491
August 0.3432 0.3346 0.3381
September 0.3646 0.3403 0.3523
October 0.4005 0.3644 0.3811
November 0.4108 0.4005 0.4075
December 0.4079 0.4030 0.4052