2024 SRD to BBD Historical Review

YEARLY HIGH

0.0698 BBD

YEARLY LOW

0.0541 BBD

YEARLY AVERAGE

0.0607 BBD

2024 SRD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0698. Conversely, the yearly low was recorded on January 18, dropping to 0.0541.

This high-to-low spread represents a total annual volatility of 0.0156 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0545 to the December average rate of 0.0568, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0698 was up 10.08% compared to the 2023 peak of 0.0634, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 349 BBD

2023 Average 274 BBD

Yearly Trough Low 271 BBD

Transaction Impact: A difference of 78.18 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0709

0.0530

JanuMarcMayJulySeptNove

SRD to BBD 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 0.0583, compared to 0.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0583

H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0070 BBD (High: 0.0652 / Low: 0.0582). On the other end, August was the most stable month, with a tight range of 0.0006 BBD (High: 0.0698 / Low: 0.0692).

October Spread (Volatile) ±0.0070

August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between 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 0.0058 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0695) against the same month in 2023 (average: 0.0523), the exchange rate shifted by +0.0172 (+32.91%).

2024 Avg (August) 0.0695

2023 Avg (August) 0.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0549	0.0541	0.0545
February	0.0567	0.0545	0.0553
March	0.0574	0.0564	0.0568
April	0.0591	0.0570	0.0578
May	0.0622	0.0591	0.0613
June	0.0653	0.0620	0.0638
July	0.0693	0.0649	0.0674
August	0.0698	0.0692	0.0695
September	0.0692	0.0651	0.0674
October	0.0652	0.0582	0.0616
November	0.0582	0.0563	0.0568
December	0.0570	0.0565	0.0568