2024 SRD to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 12.7437. Conversely, the yearly low was recorded on January 11, dropping to 9.3517.
This high-to-low spread represents a total annual volatility of 3.3920 HUF. From a start-to-finish perspective, comparing the January average rate of 9.5461 to the December average rate of 11.1717, the exchange rate registered a net change of 17.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 12.7437 was up 6.12% compared to the 2023 peak of 12.0083, 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 HUF 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 10.5121, compared to 11.6771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1650 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 1.0031 HUF (High: 12.1067 / Low: 11.1035). On the other end, December was the most stable month, with a tight range of 0.3300 HUF (High: 11.3661 / Low: 11.0361).
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 0.6164 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 12.4370) against the same month in 2023 (average: 9.2224), the exchange rate shifted by +3.2146 (+34.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.7781 | 9.3517 | 9.5461 |
| February | 10.2958 | 9.5863 | 9.9444 |
| March | 10.4787 | 10.1451 | 10.3171 |
| April | 10.8385 | 10.2862 | 10.5835 |
| May | 11.1874 | 10.7492 | 10.9853 |
| June | 12.1067 | 11.1035 | 11.6963 |
| July | 12.6016 | 11.8663 | 12.1823 |
| August | 12.7437 | 12.1975 | 12.4370 |
| September | 12.3910 | 11.5748 | 11.9693 |
| October | 11.8745 | 10.9127 | 11.3529 |
| November | 11.1286 | 10.7079 | 10.9491 |
| December | 11.3661 | 11.0361 | 11.1717 |