YEARLY HIGH
0.1995 BRL
YEARLY LOW
0.1319 BRL
YEARLY AVERAGE
0.1641 BRL

2024 SRD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.1995. Conversely, the yearly low was recorded on January 11, dropping to 0.1319.

This high-to-low spread represents a total annual volatility of 0.0676 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1338 to the December average rate of 0.1739, the exchange rate registered a net change of 29.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1995 was up 15.10% compared to the 2023 peak of 0.1734, 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 998 BRL
2023 Average 686 BRL
Yearly Trough Low 660 BRL
Transaction Impact: A difference of 338.21 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1988
0.1279
JanuMarcMayJulySeptNove

SRD to BRL 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 0.1484, compared to 0.1797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 0.1484
H2 Avg (Jul–Dec) 0.1797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0233 BRL (High: 0.1921 / Low: 0.1688). On the other end, March was the most stable month, with a tight range of 0.0033 BRL (High: 0.1432 / Low: 0.1399).

December Spread (Volatile) ±0.0233
March Spread (Stable) ±0.0033

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 0.0136 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1929) against the same month in 2023 (average: 0.1282), the exchange rate shifted by +0.0647 (+50.43%).

2024 Avg (August) 0.1929
2023 Avg (August) 0.1282

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1369 0.1319 0.1338
February 0.1410 0.1339 0.1373
March 0.1432 0.1399 0.1415
April 0.1537 0.1440 0.1481
May 0.1632 0.1506 0.1575
June 0.1814 0.1629 0.1722
July 0.1952 0.1792 0.1867
August 0.1995 0.1883 0.1929
September 0.1956 0.1770 0.1866
October 0.1778 0.1675 0.1730
November 0.1708 0.1623 0.1650
December 0.1921 0.1688 0.1739