2024 SRD to BOB Historical Review

YEARLY HIGH

0.2415 BOB

YEARLY LOW

0.1870 BOB

YEARLY AVERAGE

0.2099 BOB

2024 SRD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.2415. Conversely, the yearly low was recorded on January 18, dropping to 0.1870.

This high-to-low spread represents a total annual volatility of 0.0545 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1883 to the December average rate of 0.1962, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2415 was up 10.20% compared to the 2023 peak of 0.2192, 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 1,208 BOB

2023 Average 947 BOB

Yearly Trough Low 935 BOB

Transaction Impact: A difference of 272.54 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2449

0.1832

JanuMarcMayJulySeptNove

SRD to BOB 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 0.2013, compared to 0.2185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.2013

H2 Avg (Jul–Dec) 0.2185

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0243 BOB (High: 0.2252 / Low: 0.2010). On the other end, December was the most stable month, with a tight range of 0.0026 BOB (High: 0.1974 / Low: 0.1948).

October Spread (Volatile) ±0.0243

December Spread (Stable) ±0.0026

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 0.0198 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2398) against the same month in 2023 (average: 0.1805), the exchange rate shifted by +0.0592 (+32.82%).

2024 Avg (August) 0.2398

2023 Avg (August) 0.1805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1896	0.1870	0.1883
February	0.1961	0.1878	0.1912
March	0.1983	0.1945	0.1961
April	0.2047	0.1975	0.2000
May	0.2153	0.2043	0.2119
June	0.2257	0.2142	0.2205
July	0.2396	0.2241	0.2328
August	0.2415	0.2374	0.2398
September	0.2395	0.2251	0.2328
October	0.2252	0.2010	0.2130
November	0.2008	0.1943	0.1967
December	0.1974	0.1948	0.1962