YEARLY HIGH
2.9284 BTN
YEARLY LOW
2.2466 BTN
YEARLY AVERAGE
2.5409 BTN

2024 SRD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 2.9284. Conversely, the yearly low was recorded on January 15, dropping to 2.2466.

This high-to-low spread represents a total annual volatility of 0.6818 BTN. From a start-to-finish perspective, comparing the January average rate of 2.2651 to the December average rate of 2.4121, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9284 was up 11.60% compared to the 2023 peak of 2.6240, 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 14,642 BTN
2023 Average 11,315 BTN
Yearly Trough Low 11,233 BTN
Transaction Impact: A difference of 3,408.98 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9754
2.2005
JanuMarcMayJulySeptNove

SRD to BTN 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 2.4239, compared to 2.6578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2340 points.

H1 Avg (Jan–Jun) 2.4239
H2 Avg (Jul–Dec) 2.6578

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2921 BTN (High: 2.7351 / Low: 2.4430). On the other end, January was the most stable month, with a tight range of 0.0474 BTN (High: 2.2940 / Low: 2.2466).

October Spread (Volatile) ±0.2921
January Spread (Stable) ±0.0474

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 0.2344 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.9108) against the same month in 2023 (average: 2.1637), the exchange rate shifted by +0.7471 (+34.53%).

2024 Avg (August) 2.9108
2023 Avg (August) 2.1637

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2940 2.2466 2.2651
February 2.3491 2.2569 2.2958
March 2.3917 2.3276 2.3553
April 2.4693 2.3744 2.4081
May 2.5985 2.4713 2.5560
June 2.7270 2.5775 2.6630
July 2.9029 2.7073 2.8156
August 2.9284 2.8769 2.9108
September 2.9061 2.7215 2.8229
October 2.7351 2.4430 2.5885
November 2.4477 2.3726 2.3972
December 2.4417 2.3849 2.4121