2024 SRD to DKK Historical Review

YEARLY HIGH

0.2400 DKK

YEARLY LOW

0.1838 DKK

YEARLY AVERAGE

0.2093 DKK

2024 SRD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.2400. Conversely, the yearly low was recorded on January 1, dropping to 0.1838.

This high-to-low spread represents a total annual volatility of 0.0562 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1863 to the December average rate of 0.2023, the exchange rate registered a net change of 8.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2400 was up 7.28% compared to the 2023 peak of 0.2237, 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 1,200 DKK

2023 Average 945 DKK

Yearly Trough Low 919 DKK

Transaction Impact: A difference of 280.76 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2400

0.1815

JanuMarcMayJulySeptNove

SRD to DKK 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 0.2010, compared to 0.2176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.2010

H2 Avg (Jul–Dec) 0.2176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0211 DKK (High: 0.2205 / Low: 0.1994). On the other end, January was the most stable month, with a tight range of 0.0045 DKK (High: 0.1883 / Low: 0.1838).

October Spread (Volatile) ±0.0211

January Spread (Stable) ±0.0045

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 0.0155 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2351) against the same month in 2023 (average: 0.1785), the exchange rate shifted by +0.0566 (+31.69%).

2024 Avg (August) 0.2351

2023 Avg (August) 0.1785

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1883	0.1838	0.1863
February	0.1954	0.1866	0.1911
March	0.1979	0.1920	0.1948
April	0.2068	0.1968	0.2011
May	0.2147	0.2058	0.2116
June	0.2276	0.2121	0.2212
July	0.2391	0.2253	0.2316
August	0.2400	0.2315	0.2351
September	0.2337	0.2175	0.2262
October	0.2205	0.1994	0.2107
November	0.2017	0.1954	0.1995
December	0.2050	0.1996	0.2023