2024 SRD to NZD Historical Review

YEARLY HIGH

0.0590 NZD

YEARLY LOW

0.0431 NZD

YEARLY AVERAGE

0.0502 NZD

2024 SRD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0590. Conversely, the yearly low was recorded on January 1, dropping to 0.0431.

This high-to-low spread represents a total annual volatility of 0.0159 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0442 to the December average rate of 0.0495, the exchange rate registered a net change of 12.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0590 was up 16.03% compared to the 2023 peak of 0.0508, 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 295 NZD

2023 Average 223 NZD

Yearly Trough Low 215 NZD

Transaction Impact: A difference of 79.37 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0584

0.0429

JanuMarcMayJulySeptNove

SRD to NZD 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 0.0478, compared to 0.0526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0478

H2 Avg (Jul–Dec) 0.0526

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0055 NZD (High: 0.0590 / Low: 0.0535). On the other end, November was the most stable month, with a tight range of 0.0013 NZD (High: 0.0488 / Low: 0.0475).

July Spread (Volatile) ±0.0055

November Spread (Stable) ±0.0013

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 0.0035 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0559) against the same month in 2023 (average: 0.0423), the exchange rate shifted by +0.0136 (+32.08%).

2024 Avg (July) 0.0559

2023 Avg (July) 0.0423

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0452	0.0431	0.0442
February	0.0465	0.0443	0.0451
March	0.0479	0.0456	0.0467
April	0.0503	0.0474	0.0485
May	0.0515	0.0494	0.0505
June	0.0537	0.0501	0.0520
July	0.0590	0.0535	0.0559
August	0.0586	0.0554	0.0571
September	0.0561	0.0513	0.0541
October	0.0527	0.0487	0.0507
November	0.0488	0.0475	0.0481
December	0.0507	0.0478	0.0495