YEARLY HIGH
0.1312 PEN
YEARLY LOW
0.1002 PEN
YEARLY AVERAGE
0.1140 PEN

2024 SRD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.1312. Conversely, the yearly low was recorded on January 11, dropping to 0.1002.

This high-to-low spread represents a total annual volatility of 0.0310 PEN. From a start-to-finish perspective, comparing the January average rate of 0.1017 to the December average rate of 0.1060, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1312 was up 7.64% compared to the 2023 peak of 0.1219, 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 656 PEN
2023 Average 513 PEN
Yearly Trough Low 501 PEN
Transaction Impact: A difference of 155.14 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1325
0.0989
JanuMarcMayJulySeptNove

SRD to PEN 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 0.1093, compared to 0.1187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0095 points.

H1 Avg (Jan–Jun) 0.1093
H2 Avg (Jul–Dec) 0.1187

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0118 PEN (High: 0.1214 / Low: 0.1096). On the other end, December was the most stable month, with a tight range of 0.0015 PEN (High: 0.1068 / Low: 0.1053).

October Spread (Volatile) ±0.0118
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0115 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1270) against the same month in 2023 (average: 0.0972), the exchange rate shifted by +0.0297 (+30.58%).

2024 Avg (September) 0.1270
2023 Avg (September) 0.0972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1045 0.1002 0.1017
February 0.1076 0.1036 0.1059
March 0.1073 0.1039 0.1054
April 0.1109 0.1052 0.1074
May 0.1169 0.1105 0.1144
June 0.1248 0.1157 0.1207
July 0.1296 0.1242 0.1268
August 0.1307 0.1286 0.1297
September 0.1312 0.1210 0.1270
October 0.1214 0.1096 0.1155
November 0.1098 0.1056 0.1075
December 0.1068 0.1053 0.1060