YEARLY HIGH
0.0287 SRD
YEARLY LOW
0.0209 SRD
YEARLY AVERAGE
0.0243 SRD

2024 KRW to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0287. Conversely, the yearly low was recorded on July 29, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0078 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0277 to the December average rate of 0.0245, the exchange rate registered a net change of -11.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0287 was down 5.54% compared to the 2023 peak of 0.0304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143,465 SRD
2023 Average 140,082 SRD
Yearly Trough Low 104,411 SRD
Transaction Impact: A difference of 39,054.74 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0283
0.0207
JanuMarcMayJulySeptNove

KRW 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 0.0255, compared to 0.0231 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0255
H2 Avg (Jul–Dec) 0.0231

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0021 SRD (High: 0.0250 / Low: 0.0229). On the other end, November was the most stable month, with a tight range of 0.0006 SRD (High: 0.0255 / Low: 0.0249).

October Spread (Volatile) ±0.0021
November Spread (Stable) ±0.0006

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 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0277) against the same month in 2023 (average: 0.0256), the exchange rate shifted by +0.0021 (+8.16%).

2024 Avg (January) 0.0277
2023 Avg (January) 0.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0287 0.0272 0.0277
February 0.0276 0.0264 0.0271
March 0.0270 0.0258 0.0264
April 0.0259 0.0244 0.0253
May 0.0248 0.0232 0.0239
June 0.0235 0.0220 0.0227
July 0.0223 0.0209 0.0215
August 0.0217 0.0209 0.0213
September 0.0234 0.0216 0.0223
October 0.0250 0.0229 0.0239
November 0.0255 0.0249 0.0252
December 0.0254 0.0238 0.0245