YEARLY HIGH
0.0977 WST
YEARLY LOW
0.0758 WST
YEARLY AVERAGE
0.0850 WST

2024 SRD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.0977. Conversely, the yearly low was recorded on January 18, dropping to 0.0758.

This high-to-low spread represents a total annual volatility of 0.0219 WST. From a start-to-finish perspective, comparing the January average rate of 0.0763 to the December average rate of 0.0795, 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 0.0977 was up 14.26% compared to the 2023 peak of 0.0855, 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 488 WST
2023 Average 374 WST
Yearly Trough Low 379 WST
Transaction Impact: A difference of 109.46 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0993
0.0742
JanuMarcMayJulySeptNove

SRD to WST 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 0.0816, compared to 0.0885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0816
H2 Avg (Jul–Dec) 0.0885

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0097 WST (High: 0.0912 / Low: 0.0815). On the other end, August was the most stable month, with a tight range of 0.0008 WST (High: 0.0977 / Low: 0.0969).

October Spread (Volatile) ±0.0097
August Spread (Stable) ±0.0008

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 0.0081 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0972) against the same month in 2023 (average: 0.0710), the exchange rate shifted by +0.0262 (+36.89%).

2024 Avg (August) 0.0972
2023 Avg (August) 0.0710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0769 0.0758 0.0763
February 0.0793 0.0762 0.0775
March 0.0803 0.0789 0.0795
April 0.0828 0.0798 0.0809
May 0.0871 0.0828 0.0859
June 0.0914 0.0869 0.0893
July 0.0970 0.0908 0.0943
August 0.0977 0.0969 0.0972
September 0.0969 0.0912 0.0943
October 0.0912 0.0815 0.0862
November 0.0815 0.0788 0.0796
December 0.0799 0.0791 0.0795