YEARLY HIGH
0.0615 SRD
YEARLY LOW
0.0477 SRD
YEARLY AVERAGE
0.0554 SRD

2024 SDG to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0615. Conversely, the yearly low was recorded on August 13, dropping to 0.0477.

This high-to-low spread represents a total annual volatility of 0.0138 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0610 to the December average rate of 0.0586, the exchange rate registered a net change of -4.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0615 was down 11.77% compared to the 2023 peak of 0.0697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 307 SRD
2023 Average 307 SRD
Yearly Trough Low 238 SRD
Transaction Impact: A difference of 69.10 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0624
0.0466
JanuMarcMayJulySeptNove

SDG 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 0.0578, compared to 0.0530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0578
H2 Avg (Jul–Dec) 0.0530

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0061 SRD (High: 0.0571 / Low: 0.0510). On the other end, August was the most stable month, with a tight range of 0.0004 SRD (High: 0.0480 / Low: 0.0477).

October Spread (Volatile) ±0.0061
August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0610) against the same month in 2023 (average: 0.0552), the exchange rate shifted by +0.0059 (+10.68%).

2024 Avg (January) 0.0610
2023 Avg (January) 0.0552

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0615 0.0606 0.0610
February 0.0611 0.0587 0.0602
March 0.0606 0.0580 0.0593
April 0.0596 0.0577 0.0590
May 0.0593 0.0535 0.0545
June 0.0550 0.0510 0.0528
July 0.0513 0.0482 0.0499
August 0.0480 0.0477 0.0479
September 0.0510 0.0480 0.0494
October 0.0571 0.0510 0.0541
November 0.0591 0.0571 0.0585
December 0.0589 0.0583 0.0586