2024 SRD to SBD Historical Review

YEARLY HIGH

0.2969 SBD

YEARLY LOW

0.2271 SBD

YEARLY AVERAGE

0.2558 SBD

2024 SRD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.2969. Conversely, the yearly low was recorded on January 24, dropping to 0.2271.

This high-to-low spread represents a total annual volatility of 0.0698 SBD. From a start-to-finish perspective, comparing the January average rate of 0.2295 to the December average rate of 0.2379, the exchange rate registered a net change of 3.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2969 was up 12.90% compared to the 2023 peak of 0.2630, 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 1,484 SBD

2023 Average 1,144 SBD

Yearly Trough Low 1,136 SBD

Transaction Impact: A difference of 348.81 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3009

0.2230

JanuMarcMayJulySeptNove

SRD to SBD 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 0.2465, compared to 0.2652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.2465

H2 Avg (Jul–Dec) 0.2652

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0282 SBD (High: 0.2702 / Low: 0.2420). On the other end, December was the most stable month, with a tight range of 0.0037 SBD (High: 0.2391 / Low: 0.2354).

October Spread (Volatile) ±0.0282

December Spread (Stable) ±0.0037

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 0.0252 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2945) against the same month in 2023 (average: 0.2187), the exchange rate shifted by +0.0758 (+34.66%).

2024 Avg (August) 0.2945

2023 Avg (August) 0.2187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2310	0.2271	0.2295
February	0.2405	0.2288	0.2339
March	0.2477	0.2375	0.2403
April	0.2508	0.2415	0.2450
May	0.2649	0.2509	0.2602
June	0.2757	0.2627	0.2699
July	0.2938	0.2737	0.2847
August	0.2969	0.2915	0.2945
September	0.2933	0.2701	0.2809
October	0.2702	0.2420	0.2557
November	0.2421	0.2355	0.2376
December	0.2391	0.2354	0.2379