YEARLY HIGH
0.0647 SRD
YEARLY LOW
0.0501 SRD
YEARLY AVERAGE
0.0580 SRD

2024 SOS to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0647. Conversely, the yearly low was recorded on August 15, dropping to 0.0501.

This high-to-low spread represents a total annual volatility of 0.0146 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0642 to the December average rate of 0.0616, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0647 was down 4.67% compared to the 2023 peak of 0.0678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323 SRD
2023 Average 322 SRD
Yearly Trough Low 250 SRD
Transaction Impact: A difference of 73.06 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0656
0.0491
JanuMarcMayJulySeptNove

SOS 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 0.0603, compared to 0.0558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0603
H2 Avg (Jul–Dec) 0.0558

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0065 SRD (High: 0.0602 / Low: 0.0537). On the other end, December was the most stable month, with a tight range of 0.0007 SRD (High: 0.0620 / Low: 0.0613).

October Spread (Volatile) ±0.0065
December Spread (Stable) ±0.0007

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 0.0035 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0642) against the same month in 2023 (average: 0.0559), the exchange rate shifted by +0.0083 (+14.80%).

2024 Avg (January) 0.0642
2023 Avg (January) 0.0559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0647 0.0637 0.0642
February 0.0643 0.0618 0.0632
March 0.0621 0.0610 0.0617
April 0.0614 0.0592 0.0606
May 0.0593 0.0563 0.0571
June 0.0564 0.0536 0.0549
July 0.0541 0.0505 0.0520
August 0.0509 0.0501 0.0505
September 0.0538 0.0505 0.0520
October 0.0602 0.0537 0.0569
November 0.0622 0.0602 0.0616
December 0.0620 0.0613 0.0616