2024 SRD to NAD Historical Review

YEARLY HIGH

0.6474 NAD

YEARLY LOW

0.4993 NAD

YEARLY AVERAGE

0.5560 NAD

2024 SRD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.6474. Conversely, the yearly low was recorded on November 5, dropping to 0.4993.

This high-to-low spread represents a total annual volatility of 0.1481 NAD. From a start-to-finish perspective, comparing the January average rate of 0.5120 to the December average rate of 0.5176, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6474 was up 16.78% compared to the 2023 peak of 0.5544, 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 3,237 NAD

2023 Average 2,532 NAD

Yearly Trough Low 2,497 NAD

Transaction Impact: A difference of 740.54 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6379

0.4979

JanuMarcMayJulySeptNove

SRD to NAD 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 0.5449, compared to 0.5671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.5449

H2 Avg (Jul–Dec) 0.5671

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0628 NAD (High: 0.6223 / Low: 0.5595). On the other end, November was the most stable month, with a tight range of 0.0174 NAD (High: 0.5167 / Low: 0.4993).

September Spread (Volatile) ±0.0628

November Spread (Stable) ±0.0174

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 0.0525 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.6263) against the same month in 2023 (average: 0.4924), the exchange rate shifted by +0.1338 (+27.18%).

2024 Avg (August) 0.6263

2023 Avg (August) 0.4924

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5262	0.5040	0.5120
February	0.5469	0.5064	0.5250
March	0.5427	0.5251	0.5352
April	0.5599	0.5305	0.5458
May	0.5725	0.5482	0.5638
June	0.6004	0.5777	0.5878
July	0.6379	0.5886	0.6144
August	0.6474	0.6104	0.6263
September	0.6223	0.5595	0.5935
October	0.5695	0.5131	0.5410
November	0.5167	0.4993	0.5096
December	0.5347	0.5020	0.5176