YEARLY HIGH
0.0703 BZD
YEARLY LOW
0.0546 BZD
YEARLY AVERAGE
0.0612 BZD

2024 SRD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0703. Conversely, the yearly low was recorded on January 18, dropping to 0.0546.

This high-to-low spread represents a total annual volatility of 0.0157 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0549 to the December average rate of 0.0571, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0703 was up 9.95% compared to the 2023 peak of 0.0639, 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 351 BZD
2023 Average 276 BZD
Yearly Trough Low 273 BZD
Transaction Impact: A difference of 78.71 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0714
0.0534
JanuMarcMayJulySeptNove

SRD to BZD 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 0.0587, compared to 0.0637 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) 0.0587
H2 Avg (Jul–Dec) 0.0637

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0071 BZD (High: 0.0657 / Low: 0.0586). On the other end, December was the most stable month, with a tight range of 0.0007 BZD (High: 0.0574 / Low: 0.0567).

October Spread (Volatile) ±0.0071
December Spread (Stable) ±0.0007

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: 0.0699) against the same month in 2023 (average: 0.0527), the exchange rate shifted by +0.0173 (+32.79%).

2024 Avg (August) 0.0699
2023 Avg (August) 0.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0553 0.0546 0.0549
February 0.0571 0.0548 0.0558
March 0.0578 0.0567 0.0572
April 0.0596 0.0574 0.0582
May 0.0627 0.0596 0.0618
June 0.0658 0.0625 0.0643
July 0.0699 0.0654 0.0679
August 0.0703 0.0693 0.0699
September 0.0699 0.0656 0.0679
October 0.0657 0.0586 0.0621
November 0.0587 0.0567 0.0573
December 0.0574 0.0567 0.0571