YEARLY HIGH
0.6150 MDL
YEARLY LOW
0.4708 MDL
YEARLY AVERAGE
0.5382 MDL

2024 SRD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.6150. Conversely, the yearly low was recorded on January 2, dropping to 0.4708.

This high-to-low spread represents a total annual volatility of 0.1442 MDL. From a start-to-finish perspective, comparing the January average rate of 0.4803 to the December average rate of 0.5201, the exchange rate registered a net change of 8.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6150 was up 0.93% compared to the 2023 peak of 0.6093, 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 3,075 MDL
2023 Average 2,485 MDL
Yearly Trough Low 2,354 MDL
Transaction Impact: A difference of 720.93 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6199
0.4676
JanuMarcMayJulySeptNove

SRD to MDL 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 0.5155, compared to 0.5610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0456 points.

H1 Avg (Jan–Jun) 0.5155
H2 Avg (Jul–Dec) 0.5610

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0536 MDL (High: 0.5719 / Low: 0.5183). On the other end, November was the most stable month, with a tight range of 0.0099 MDL (High: 0.5183 / Low: 0.5084).

October Spread (Volatile) ±0.0536
November Spread (Stable) ±0.0099

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 0.0411 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.6072) against the same month in 2023 (average: 0.4619), the exchange rate shifted by +0.1453 (+31.45%).

2024 Avg (August) 0.6072
2023 Avg (August) 0.4619

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4857 0.4708 0.4803
February 0.5042 0.4832 0.4925
March 0.5073 0.4957 0.5011
April 0.5241 0.5010 0.5121
May 0.5512 0.5215 0.5415
June 0.5829 0.5460 0.5653
July 0.6128 0.5779 0.5965
August 0.6150 0.5980 0.6072
September 0.6024 0.5654 0.5853
October 0.5719 0.5183 0.5442
November 0.5183 0.5084 0.5128
December 0.5263 0.5153 0.5201