2024 SRD to BMD Historical Review

YEARLY HIGH

0.0349 BMD

YEARLY LOW

0.0271 BMD

YEARLY AVERAGE

0.0304 BMD

2024 SRD to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0349. Conversely, the yearly low was recorded on January 18, dropping to 0.0271.

This high-to-low spread represents a total annual volatility of 0.0078 BMD. From a start-to-finish perspective, comparing the January average rate of 0.0273 to the December average rate of 0.0284, 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 0.0349 was up 10.08% compared to the 2023 peak of 0.0317, 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 174 BMD

2023 Average 137 BMD

Yearly Trough Low 135 BMD

Transaction Impact: A difference of 39.09 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0355

0.0265

JanuMarcMayJulySeptNove

SRD to BMD 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 0.0291, compared to 0.0316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0291

H2 Avg (Jul–Dec) 0.0316

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0035 BMD (High: 0.0326 / Low: 0.0291). On the other end, August was the most stable month, with a tight range of 0.0003 BMD (High: 0.0349 / Low: 0.0346).

October Spread (Volatile) ±0.0035

August Spread (Stable) ±0.0003

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 0.0029 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0347) against the same month in 2023 (average: 0.0261), the exchange rate shifted by +0.0086 (+32.91%).

2024 Avg (August) 0.0347

2023 Avg (August) 0.0261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0275	0.0271	0.0273
February	0.0283	0.0272	0.0277
March	0.0287	0.0282	0.0284
April	0.0296	0.0285	0.0289
May	0.0311	0.0296	0.0307
June	0.0327	0.0310	0.0319
July	0.0347	0.0324	0.0337
August	0.0349	0.0346	0.0347
September	0.0346	0.0326	0.0337
October	0.0326	0.0291	0.0308
November	0.0291	0.0281	0.0284
December	0.0285	0.0282	0.0284