2024 SRD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 300.8628. Conversely, the yearly low was recorded on January 11, dropping to 232.3122.
This high-to-low spread represents a total annual volatility of 68.5506 GNF. From a start-to-finish perspective, comparing the January average rate of 234.2734 to the December average rate of 245.0647, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 300.8628 was up 8.20% compared to the 2023 peak of 278.0639, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SRD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 250.4017, compared to 272.7545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.3528 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 31.6856 GNF (High: 282.6106 / Low: 250.9251). On the other end, December was the most stable month, with a tight range of 3.5196 GNF (High: 246.6934 / Low: 243.1737).
Growth Streaks & Declines
TrendsBetween 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 25.0688 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 299.2585) against the same month in 2023 (average: 224.9932), the exchange rate shifted by +74.2653 (+33.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 236.1051 | 232.3122 | 234.2734 |
| February | 243.5148 | 234.4165 | 237.9807 |
| March | 246.6552 | 242.0363 | 243.9201 |
| April | 254.3371 | 244.8739 | 248.2167 |
| May | 267.5876 | 254.1881 | 263.5275 |
| June | 280.9646 | 266.7462 | 274.4918 |
| July | 298.8163 | 278.8722 | 290.0465 |
| August | 300.8628 | 296.6936 | 299.2585 |
| September | 299.0160 | 281.1640 | 291.0164 |
| October | 282.6106 | 250.9251 | 265.9476 |
| November | 251.1421 | 242.6550 | 245.1931 |
| December | 246.6934 | 243.1737 | 245.0647 |