2024 SRD to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SRD to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SRD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 370.8711. Conversely, the yearly low was recorded on January 18, dropping to 67.9981.
This high-to-low spread represents a total annual volatility of 302.8730 SYP. From a start-to-finish perspective, comparing the January average rate of 68.4835 to the December average rate of 177.2966, the exchange rate registered a net change of 158.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 370.8711 was up 365.82% compared to the 2023 peak of 79.6175, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SRD to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 73.1843, compared to 97.0978 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.9134 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 299.9057 SYP (High: 370.8711 / Low: 70.9654). On the other end, August was the most stable month, with a tight range of 0.6960 SYP (High: 87.6423 / Low: 86.9463).
Growth Streaks & Declines
TrendsBetween 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 7.2670 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 177.2966) against the same month in 2023 (average: 67.2509), the exchange rate shifted by +110.0457 (+163.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 69.0255 | 67.9981 | 68.4835 |
| February | 71.1704 | 68.4063 | 69.5078 |
| March | 72.0893 | 70.8054 | 71.3183 |
| April | 74.3055 | 71.5984 | 72.5934 |
| May | 78.1855 | 74.3055 | 77.0500 |
| June | 82.0472 | 77.9454 | 80.1531 |
| July | 87.0789 | 81.4738 | 84.6504 |
| August | 87.6423 | 86.9463 | 87.2511 |
| September | 86.9839 | 81.8400 | 84.6224 |
| October | 81.8520 | 73.1088 | 77.3553 |
| November | 73.1088 | 70.6988 | 71.4109 |
| December | 370.8711 | 70.9654 | 177.2966 |