2024 SRD to INR Historical Review

YEARLY HIGH

2.9285 INR

YEARLY LOW

2.2486 INR

YEARLY AVERAGE

2.5416 INR

2024 SRD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 2.9285. Conversely, the yearly low was recorded on January 15, dropping to 2.2486.

This high-to-low spread represents a total annual volatility of 0.6799 INR. From a start-to-finish perspective, comparing the January average rate of 2.2653 to the December average rate of 2.4137, the exchange rate registered a net change of 6.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9285 was up 11.81% compared to the 2023 peak of 2.6191, 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 14,643 INR

2023 Average 11,318 INR

Yearly Trough Low 11,243 INR

Transaction Impact: A difference of 3,399.72 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9778

2.2005

JanuMarcMayJulySeptNove

SRD to INR 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 2.4247, compared to 2.6585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2339 points.

H1 Avg (Jan–Jun) 2.4247

H2 Avg (Jul–Dec) 2.6585

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2857 INR (High: 2.7325 / Low: 2.4468). On the other end, August was the most stable month, with a tight range of 0.0286 INR (High: 2.9285 / Low: 2.9000).

October Spread (Volatile) ±0.2857

August Spread (Stable) ±0.0286

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 0.2350 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.9130) against the same month in 2023 (average: 2.1645), the exchange rate shifted by +0.7485 (+34.58%).

2024 Avg (August) 2.9130

2023 Avg (August) 2.1645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2890	2.2486	2.2653
February	2.3495	2.2582	2.2953
March	2.3918	2.3321	2.3577
April	2.4694	2.3770	2.4101
May	2.5991	2.4667	2.5563
June	2.7251	2.5779	2.6632
July	2.9026	2.7058	2.8168
August	2.9285	2.9000	2.9130
September	2.9064	2.7269	2.8225
October	2.7325	2.4468	2.5875
November	2.4467	2.3737	2.3977
December	2.4449	2.3889	2.4137