2024 SRD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 1468.2747. Conversely, the yearly low was recorded on January 18, dropping to 1137.6861.
This high-to-low spread represents a total annual volatility of 330.5887 IRR. From a start-to-finish perspective, comparing the January average rate of 1146.1149 to the December average rate of 1197.7998, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1468.2747 was up 10.72% compared to the 2023 peak of 1326.1507, 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 IRR 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 1225.3766, compared to 1331.4954 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 106.1188 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 146.3129 IRR (High: 1371.1070 / Low: 1224.7941). On the other end, August was the most stable month, with a tight range of 11.2283 IRR (High: 1468.2747 / Low: 1457.0465).
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 121.8731 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 1461.9313) against the same month in 2023 (average: 1104.6955), the exchange rate shifted by +357.2358 (+32.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1155.4945 | 1137.6861 | 1146.1149 |
| February | 1191.2585 | 1144.7202 | 1163.0048 |
| March | 1206.0655 | 1184.7259 | 1193.3422 |
| April | 1244.3255 | 1197.8514 | 1215.6004 |
| May | 1313.7221 | 1243.9558 | 1290.7479 |
| June | 1374.7837 | 1309.5441 | 1343.4495 |
| July | 1459.2684 | 1364.7713 | 1418.5460 |
| August | 1468.2747 | 1457.0465 | 1461.9313 |
| September | 1457.2442 | 1371.3132 | 1418.1023 |
| October | 1371.1070 | 1224.7941 | 1296.2292 |
| November | 1224.7941 | 1184.7714 | 1196.3637 |
| December | 1205.1458 | 1188.7445 | 1197.7998 |