YEARLY HIGH
0.0275 SHP
YEARLY LOW
0.0212 SHP
YEARLY AVERAGE
0.0238 SHP

2024 SRD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0275. Conversely, the yearly low was recorded on January 11, dropping to 0.0212.

This high-to-low spread represents a total annual volatility of 0.0063 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0214 to the December average rate of 0.0225, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0275 was up 3.32% compared to the 2023 peak of 0.0266, 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 137 SHP
2023 Average 110 SHP
Yearly Trough Low 106 SHP
Transaction Impact: A difference of 31.33 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0274
0.0209
JanuMarcMayJulySeptNove

SRD to SHP 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 0.0230, compared to 0.0245 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0230
H2 Avg (Jul–Dec) 0.0245

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0024 SHP (High: 0.0247 / Low: 0.0224). On the other end, January was the most stable month, with a tight range of 0.0005 SHP (High: 0.0217 / Low: 0.0212).

October Spread (Volatile) ±0.0024
January Spread (Stable) ±0.0005

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 0.0019 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0268) against the same month in 2023 (average: 0.0206), the exchange rate shifted by +0.0063 (+30.41%).

2024 Avg (August) 0.0268
2023 Avg (August) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0217 0.0212 0.0214
February 0.0224 0.0214 0.0219
March 0.0227 0.0219 0.0223
April 0.0237 0.0226 0.0231
May 0.0247 0.0236 0.0243
June 0.0258 0.0242 0.0251
July 0.0270 0.0256 0.0262
August 0.0275 0.0262 0.0268
September 0.0264 0.0243 0.0255
October 0.0247 0.0224 0.0236
November 0.0225 0.0220 0.0223
December 0.0228 0.0222 0.0225