YEARLY HIGH
0.0830 TOP
YEARLY LOW
0.0634 TOP
YEARLY AVERAGE
0.0719 TOP

2024 SRD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.0830. Conversely, the yearly low was recorded on January 1, dropping to 0.0634.

This high-to-low spread represents a total annual volatility of 0.0196 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0642 to the December average rate of 0.0680, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0830 was up 11.30% compared to the 2023 peak of 0.0746, 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 415 TOP
2023 Average 324 TOP
Yearly Trough Low 317 TOP
Transaction Impact: A difference of 97.78 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0839
0.0624
JanuMarcMayJulySeptNove

SRD to TOP 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 0.0690, compared to 0.0749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0690
H2 Avg (Jul–Dec) 0.0749

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0068 TOP (High: 0.0761 / Low: 0.0693). On the other end, December was the most stable month, with a tight range of 0.0007 TOP (High: 0.0683 / Low: 0.0676).

October Spread (Volatile) ±0.0068
December Spread (Stable) ±0.0007

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 0.0063 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0821) against the same month in 2023 (average: 0.0621), the exchange rate shifted by +0.0200 (+32.12%).

2024 Avg (August) 0.0821
2023 Avg (August) 0.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0649 0.0634 0.0642
February 0.0671 0.0643 0.0655
March 0.0682 0.0665 0.0672
April 0.0711 0.0679 0.0689
May 0.0738 0.0706 0.0726
June 0.0772 0.0733 0.0753
July 0.0827 0.0766 0.0797
August 0.0830 0.0809 0.0821
September 0.0812 0.0760 0.0790
October 0.0761 0.0693 0.0727
November 0.0694 0.0674 0.0680
December 0.0683 0.0676 0.0680