YEARLY HIGH
731.4602 SLL
YEARLY LOW
567.5101 SLL
YEARLY AVERAGE
636.8938 SLL

2024 SRD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 731.4602. Conversely, the yearly low was recorded on January 18, dropping to 567.5101.

This high-to-low spread represents a total annual volatility of 163.9500 SLL. From a start-to-finish perspective, comparing the January average rate of 571.5611 to the December average rate of 595.4211, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 731.4602 was up 28.18% compared to the 2023 peak of 570.6685, 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 3,657,301 SLL
2023 Average 2,608,725 SLL
Yearly Trough Low 2,837,551 SLL
Transaction Impact: A difference of 819,750.08 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

743.8588
555.8977
JanuMarcMayJulySeptNove

SRD to SLL 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 610.7943, compared to 662.9934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 52.1991 points.

H1 Avg (Jan–Jun) 610.7943
H2 Avg (Jul–Dec) 662.9934

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 72.9708 SLL (High: 683.1346 / Low: 610.1638). On the other end, August was the most stable month, with a tight range of 5.8092 SLL (High: 731.4602 / Low: 725.6510).

October Spread (Volatile) ±72.9708
August Spread (Stable) ±5.8092

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 60.6503 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -60.6503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 728.1954) against the same month in 2023 (average: 547.9005), the exchange rate shifted by +180.2949 (+32.91%).

2024 Avg (August) 728.1954
2023 Avg (August) 547.9005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 576.0852 567.5101 571.5611
February 593.9863 570.9171 580.1103
March 601.6555 590.9398 595.2201
April 620.1517 597.5578 605.8623
May 652.5338 620.1517 643.0567
June 684.7631 650.5297 668.9551
July 726.7576 679.9779 706.4895
August 731.4602 725.6510 728.1954
September 725.9650 683.0345 706.2557
October 683.1346 610.1638 645.6054
November 610.1638 590.0502 595.9931
December 598.1374 592.2751 595.4211