2024 SRD to MXN Historical Review

YEARLY HIGH

0.6906 MXN

YEARLY LOW

0.4577 MXN

YEARLY AVERAGE

0.5574 MXN

2024 SRD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.6906. Conversely, the yearly low was recorded on January 11, dropping to 0.4577.

This high-to-low spread represents a total annual volatility of 0.2329 MXN. From a start-to-finish perspective, comparing the January average rate of 0.4649 to the December average rate of 0.5751, the exchange rate registered a net change of 23.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6906 was up 12.21% compared to the 2023 peak of 0.6155, 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 3,453 MXN

2023 Average 2,436 MXN

Yearly Trough Low 2,289 MXN

Transaction Impact: A difference of 1,164.40 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6852

0.4449

JanuMarcMayJulySeptNove

SRD to MXN 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 0.4992, compared to 0.6156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1164 points.

H1 Avg (Jan–Jun) 0.4992

H2 Avg (Jul–Dec) 0.6156

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0733 MXN (High: 0.6019 / Low: 0.5286). On the other end, March was the most stable month, with a tight range of 0.0116 MXN (High: 0.4821 / Low: 0.4704).

June Spread (Volatile) ±0.0733

March Spread (Stable) ±0.0116

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 0.0546 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.6602) against the same month in 2023 (average: 0.4516), the exchange rate shifted by +0.2085 (+46.17%).

2024 Avg (September) 0.6602

2023 Avg (September) 0.4516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4719	0.4577	0.4649
February	0.4841	0.4650	0.4728
March	0.4821	0.4704	0.4760
April	0.5073	0.4679	0.4858
May	0.5295	0.5023	0.5151
June	0.6019	0.5286	0.5803
July	0.6474	0.5931	0.6100
August	0.6888	0.6487	0.6651
September	0.6906	0.6384	0.6602
October	0.6396	0.5835	0.6055
November	0.5902	0.5659	0.5776
December	0.5916	0.5703	0.5751