YEARLY HIGH
0.0322 EUR
YEARLY LOW
0.0247 EUR
YEARLY AVERAGE
0.0281 EUR

2024 SRD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0322. Conversely, the yearly low was recorded on January 11, dropping to 0.0247.

This high-to-low spread represents a total annual volatility of 0.0075 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0250 to the December average rate of 0.0271, 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 0.0322 was up 6.92% compared to the 2023 peak of 0.0301, 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 161 EUR
2023 Average 127 EUR
Yearly Trough Low 123 EUR
Transaction Impact: A difference of 37.53 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0322
0.0243
JanuMarcMayJulySeptNove

SRD to EUR 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 0.0269, compared to 0.0292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0269
H2 Avg (Jul–Dec) 0.0292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0028 EUR (High: 0.0296 / Low: 0.0267). On the other end, January was the most stable month, with a tight range of 0.0006 EUR (High: 0.0253 / Low: 0.0247).

October Spread (Volatile) ±0.0028
January Spread (Stable) ±0.0006

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 0.0021 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0315) against the same month in 2023 (average: 0.0240), the exchange rate shifted by +0.0076 (+31.53%).

2024 Avg (August) 0.0315
2023 Avg (August) 0.0240

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0253 0.0247 0.0250
February 0.0262 0.0250 0.0256
March 0.0265 0.0258 0.0261
April 0.0277 0.0264 0.0269
May 0.0288 0.0276 0.0284
June 0.0305 0.0284 0.0296
July 0.0320 0.0302 0.0310
August 0.0322 0.0310 0.0315
September 0.0313 0.0292 0.0303
October 0.0296 0.0267 0.0282
November 0.0270 0.0262 0.0267
December 0.0275 0.0268 0.0271