2024 NZD to SRD Historical Review

YEARLY HIGH

23.2021 SRD

YEARLY LOW

16.9565 SRD

YEARLY AVERAGE

20.0452 SRD

2024 NZD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 23.2021. Conversely, the yearly low was recorded on July 29, dropping to 16.9565.

This high-to-low spread represents a total annual volatility of 6.2456 SRD. From a start-to-finish perspective, comparing the January average rate of 22.6534 to the December average rate of 20.2105, the exchange rate registered a net change of -10.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.2021 was down 4.34% compared to the 2023 peak of 24.2537, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,011 SRD

2023 Average 112,311 SRD

Yearly Trough Low 84,782 SRD

Transaction Impact: A difference of 31,228.16 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23.1661

17.0137

JanuMarcMayJulySeptNove

NZD 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 20.9752, compared to 19.1152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8601 points.

H1 Avg (Jan–Jun) 20.9752

H2 Avg (Jul–Dec) 19.1152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.7472 SRD (High: 18.7037 / Low: 16.9565). On the other end, November was the most stable month, with a tight range of 0.5520 SRD (High: 21.0485 / Low: 20.4965).

July Spread (Volatile) ±1.7472

November Spread (Stable) ±0.5520

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 June and July, when the average rate fell by 1.3163 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 22.6534) against the same month in 2023 (average: 20.3819), the exchange rate shifted by +2.2715 (+11.14%).

2024 Avg (January) 22.6534

2023 Avg (January) 20.3819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.2021	22.1305	22.6534
February	22.5701	21.4927	22.1545
March	21.9281	20.8853	21.4042
April	21.0775	19.8739	20.6083
May	20.2465	19.4164	19.7976
June	19.9606	18.6306	19.2336
July	18.7037	16.9565	17.9173
August	18.0523	17.0672	17.5264
September	19.4948	17.8240	18.4997
October	20.5201	18.9762	19.7510
November	21.0485	20.4965	20.7861
December	20.9083	19.7200	20.2105