2024 SRD to MYR Historical Review

YEARLY HIGH

0.1613 MYR

YEARLY LOW

0.1243 MYR

YEARLY AVERAGE

0.1388 MYR

2024 SRD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 0.1613. Conversely, the yearly low was recorded on November 5, dropping to 0.1243.

This high-to-low spread represents a total annual volatility of 0.0370 MYR. From a start-to-finish perspective, comparing the January average rate of 0.1276 to the December average rate of 0.1267, the exchange rate registered a net change of -0.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1613 was up 15.62% compared to the 2023 peak of 0.1395, 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 807 MYR

2023 Average 624 MYR

Yearly Trough Low 622 MYR

Transaction Impact: A difference of 184.99 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1609

0.1228

JanuMarcMayJulySeptNove

SRD to MYR 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 0.1377, compared to 0.1399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1377

H2 Avg (Jul–Dec) 0.1399

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0170 MYR (High: 0.1512 / Low: 0.1342). On the other end, November was the most stable month, with a tight range of 0.0031 MYR (High: 0.1274 / Low: 0.1243).

September Spread (Volatile) ±0.0170

November Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0113 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1577) against the same month in 2023 (average: 0.1209), the exchange rate shifted by +0.0368 (+30.44%).

2024 Avg (July) 0.1577

2023 Avg (July) 0.1209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1297	0.1250	0.1276
February	0.1355	0.1287	0.1319
March	0.1358	0.1320	0.1339
April	0.1410	0.1348	0.1377
May	0.1467	0.1408	0.1446
June	0.1541	0.1460	0.1503
July	0.1613	0.1528	0.1577
August	0.1585	0.1495	0.1533
September	0.1512	0.1342	0.1435
October	0.1370	0.1272	0.1322
November	0.1274	0.1243	0.1260
December	0.1283	0.1252	0.1267