YEARLY HIGH
20.9816 SDG
YEARLY LOW
16.2652 SDG
YEARLY AVERAGE
18.1655 SDG

2024 SRD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 20.9816. Conversely, the yearly low was recorded on January 18, dropping to 16.2652.

This high-to-low spread represents a total annual volatility of 4.7164 SDG. From a start-to-finish perspective, comparing the January average rate of 16.3813 to the December average rate of 17.0794, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.9816 was up 14.19% compared to the 2023 peak of 18.3741, 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 104,908 SDG
2023 Average 81,691 SDG
Yearly Trough Low 81,326 SDG
Transaction Impact: A difference of 23,581.79 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.3386
15.9307
JanuMarcMayJulySeptNove

SRD to SDG 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 17.3517, compared to 18.9792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6275 points.

H1 Avg (Jan–Jun) 17.3517
H2 Avg (Jul–Dec) 18.9792

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 2.0931 SDG (High: 19.5954 / Low: 17.5023). On the other end, August was the most stable month, with a tight range of 0.1666 SDG (High: 20.9816 / Low: 20.8149).

October Spread (Volatile) ±2.0931
August Spread (Stable) ±0.1666

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 1.7397 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.7397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 20.8879) against the same month in 2023 (average: 15.7120), the exchange rate shifted by +5.1759 (+32.94%).

2024 Avg (August) 20.8879
2023 Avg (August) 15.7120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.5110 16.2652 16.3813
February 17.0240 16.3629 16.6240
March 17.2439 16.5140 16.8531
April 17.3304 16.7877 16.9448
May 18.7021 16.8720 18.3707
June 19.6258 18.1793 18.9361
July 20.7546 19.4886 20.0347
August 20.9816 20.8149 20.8879
September 20.8240 19.5925 20.2586
October 19.5954 17.5023 18.5189
November 17.5023 16.9253 17.0958
December 17.1573 16.9891 17.0794