2024 SRD to KRW Historical Review

YEARLY HIGH

47.8878 KRW

YEARLY LOW

34.8516 KRW

YEARLY AVERAGE

41.4176 KRW

2024 SRD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 47.8878. Conversely, the yearly low was recorded on January 1, dropping to 34.8516.

This high-to-low spread represents a total annual volatility of 13.0362 KRW. From a start-to-finish perspective, comparing the January average rate of 36.1074 to the December average rate of 40.9113, the exchange rate registered a net change of 13.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.8878 was up 18.30% compared to the 2023 peak of 40.4805, 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 239,439 KRW

2023 Average 178,896 KRW

Yearly Trough Low 174,258 KRW

Transaction Impact: A difference of 65,181.13 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.9631

35.0297

JanuMarcMayJulySeptNove

SRD to KRW 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 39.3794, compared to 43.4558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0764 points.

H1 Avg (Jan–Jun) 39.3794

H2 Avg (Jul–Dec) 43.4558

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 3.7468 KRW (High: 43.7217 / Low: 39.9749). On the other end, November was the most stable month, with a tight range of 1.0244 KRW (High: 40.2305 / Low: 39.2060).

October Spread (Volatile) ±3.7468

November Spread (Stable) ±1.0244

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 2.8893 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.8893

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 46.5736) against the same month in 2023 (average: 33.8284), the exchange rate shifted by +12.7452 (+37.68%).

2024 Avg (July) 46.5736

2023 Avg (July) 33.8284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.7644	34.8516	36.1074
February	37.8379	36.2094	36.8629
March	38.7491	37.0861	37.8238
April	40.9912	38.5438	39.5832
May	43.0313	40.2698	41.8248
June	45.4211	42.5566	44.0746
July	47.8878	44.8634	46.5736
August	47.8072	46.0030	46.8853
September	46.3455	42.6799	44.8034
October	43.7217	39.9749	41.9141
November	40.2305	39.2060	39.6474
December	42.0125	39.4233	40.9113