2024 SRD to SZL Historical Review

YEARLY HIGH

0.6472 SZL

YEARLY LOW

0.4992 SZL

YEARLY AVERAGE

0.5557 SZL

2024 SRD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 0.6472. Conversely, the yearly low was recorded on November 5, dropping to 0.4992.

This high-to-low spread represents a total annual volatility of 0.1480 SZL. From a start-to-finish perspective, comparing the January average rate of 0.5120 to the December average rate of 0.5175, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6472 was up 16.32% compared to the 2023 peak of 0.5564, 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 3,236 SZL

2023 Average 2,525 SZL

Yearly Trough Low 2,496 SZL

Transaction Impact: A difference of 740.05 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6377

0.4971

JanuMarcMayJulySeptNove

SRD to SZL 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 0.5447, compared to 0.5668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0221 points.

H1 Avg (Jan–Jun) 0.5447

H2 Avg (Jul–Dec) 0.5668

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0631 SZL (High: 0.6225 / Low: 0.5594). On the other end, November was the most stable month, with a tight range of 0.0173 SZL (High: 0.5165 / Low: 0.4992).

September Spread (Volatile) ±0.0631

November Spread (Stable) ±0.0173

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 0.0529 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.6260) against the same month in 2023 (average: 0.4907), the exchange rate shifted by +0.1352 (+27.56%).

2024 Avg (August) 0.6260

2023 Avg (August) 0.4907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5251	0.5026	0.5120
February	0.5458	0.5064	0.5248
March	0.5431	0.5254	0.5348
April	0.5578	0.5303	0.5448
May	0.5791	0.5486	0.5642
June	0.6002	0.5781	0.5877
July	0.6379	0.5854	0.6142
August	0.6472	0.6103	0.6260
September	0.6225	0.5594	0.5936
October	0.5692	0.5130	0.5407
November	0.5165	0.4992	0.5088
December	0.5346	0.5021	0.5175