YEARLY HIGH
2.9884 KGS
YEARLY LOW
2.4168 KGS
YEARLY AVERAGE
2.6429 KGS

2024 SRD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 2.9884. Conversely, the yearly low was recorded on January 18, dropping to 2.4168.

This high-to-low spread represents a total annual volatility of 0.5716 KGS. From a start-to-finish perspective, comparing the January average rate of 2.4328 to the December average rate of 2.4677, the exchange rate registered a net change of 1.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9884 was up 10.22% compared to the 2023 peak of 2.7114, 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 14,942 KGS
2023 Average 12,036 KGS
Yearly Trough Low 12,084 KGS
Transaction Impact: A difference of 2,858.04 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0102
2.3803
JanuMarcMayJulySeptNove

SRD to KGS 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 2.5839, compared to 2.7018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1179 points.

H1 Avg (Jan–Jun) 2.5839
H2 Avg (Jul–Dec) 2.7018

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2478 KGS (High: 2.7444 / Low: 2.4966). On the other end, December was the most stable month, with a tight range of 0.0300 KGS (High: 2.4816 / Low: 2.4516).

October Spread (Volatile) ±0.2478
December Spread (Stable) ±0.0300

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 0.2141 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2141

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.9577) against the same month in 2023 (average: 2.3014), the exchange rate shifted by +0.6563 (+28.52%).

2024 Avg (August) 2.9577
2023 Avg (August) 2.3014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4509 2.4168 2.4328
February 2.5332 2.4318 2.4736
March 2.5682 2.5202 2.5397
April 2.6227 2.5478 2.5732
May 2.7488 2.6227 2.7061
June 2.8312 2.7207 2.7782
July 2.9123 2.8001 2.8647
August 2.9884 2.9134 2.9577
September 2.9385 2.7426 2.8403
October 2.7444 2.4966 2.6262
November 2.4966 2.4340 2.4540
December 2.4816 2.4516 2.4677