2024 SRD to HKD Historical Review

YEARLY HIGH

0.2717 HKD

YEARLY LOW

0.2117 HKD

YEARLY AVERAGE

0.2370 HKD

2024 SRD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.2717. Conversely, the yearly low was recorded on January 18, dropping to 0.2117.

This high-to-low spread represents a total annual volatility of 0.0600 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2131 to the December average rate of 0.2207, the exchange rate registered a net change of 3.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2717 was up 9.77% compared to the 2023 peak of 0.2475, 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 1,358 HKD

2023 Average 1,073 HKD

Yearly Trough Low 1,058 HKD

Transaction Impact: A difference of 299.99 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2765

0.2073

JanuMarcMayJulySeptNove

SRD to HKD 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 0.2277, compared to 0.2462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.2277

H2 Avg (Jul–Dec) 0.2462

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0271 HKD (High: 0.2532 / Low: 0.2261). On the other end, December was the most stable month, with a tight range of 0.0018 HKD (High: 0.2216 / Low: 0.2198).

October Spread (Volatile) ±0.0271

December Spread (Stable) ±0.0018

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 0.0232 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2708) against the same month in 2023 (average: 0.2045), the exchange rate shifted by +0.0663 (+32.40%).

2024 Avg (August) 0.2708

2023 Avg (August) 0.2045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2145	0.2117	0.2131
February	0.2217	0.2129	0.2164
March	0.2245	0.2204	0.2221
April	0.2314	0.2230	0.2263
May	0.2432	0.2314	0.2395
June	0.2550	0.2426	0.2492
July	0.2707	0.2533	0.2631
August	0.2717	0.2695	0.2708
September	0.2700	0.2532	0.2624
October	0.2532	0.2261	0.2392
November	0.2263	0.2190	0.2211
December	0.2216	0.2198	0.2207