2024 SRD to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 33.0222. Conversely, the yearly low was recorded on January 4, dropping to 22.0286.
This high-to-low spread represents a total annual volatility of 10.9936 ARS. From a start-to-finish perspective, comparing the January average rate of 22.2876 to the December average rate of 28.9590, the exchange rate registered a net change of 29.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 33.0222 was up 49.65% compared to the 2023 peak of 22.0658, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SRD to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.0942, compared to 30.5956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5015 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 2.8221 ARS (High: 31.5925 / Low: 28.7703). On the other end, November was the most stable month, with a tight range of 0.5912 ARS (High: 28.7069 / Low: 28.1157).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.1956 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 32.3394) against the same month in 2023 (average: 9.1357), the exchange rate shifted by +23.2037 (+253.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.6198 | 22.0286 | 22.2876 |
| February | 23.8576 | 22.5118 | 23.0771 |
| March | 24.6102 | 23.7872 | 24.1429 |
| April | 25.9393 | 24.5563 | 25.0742 |
| May | 27.8187 | 25.8126 | 27.1565 |
| June | 29.7487 | 27.8114 | 28.8266 |
| July | 32.2924 | 29.6197 | 31.0665 |
| August | 32.9775 | 32.0458 | 32.6645 |
| September | 33.0222 | 31.4480 | 32.3394 |
| October | 31.5925 | 28.7703 | 30.1438 |
| November | 28.7069 | 28.1157 | 28.4006 |
| December | 29.3672 | 28.5670 | 28.9590 |