YEARLY HIGH
0.0147 SRD
YEARLY LOW
0.0027 SRD
YEARLY AVERAGE
0.0129 SRD

2024 SYP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0147. Conversely, the yearly low was recorded on December 26, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0120 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0100, the exchange rate registered a net change of -31.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0147 was down 4.33% compared to the 2023 peak of 0.0154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 74 SRD
2023 Average 73 SRD
Yearly Trough Low 13 SRD
Transaction Impact: A difference of 60.05 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0151
0.0096
JanuMarcMayJulySeptNove

SYP to SRD 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 0.0137, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0137
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0114 SRD (High: 0.0141 / Low: 0.0027). On the other end, August was the most stable month, with a tight range of 0.0001 SRD (High: 0.0115 / Low: 0.0114).

December Spread (Volatile) ±0.0114
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0146) against the same month in 2023 (average: 0.0127), the exchange rate shifted by +0.0019 (+15.32%).

2024 Avg (January) 0.0146
2023 Avg (January) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0147 0.0145 0.0146
February 0.0146 0.0141 0.0144
March 0.0141 0.0139 0.0140
April 0.0140 0.0135 0.0138
May 0.0135 0.0128 0.0130
June 0.0128 0.0122 0.0125
July 0.0123 0.0115 0.0118
August 0.0115 0.0114 0.0115
September 0.0122 0.0115 0.0118
October 0.0137 0.0122 0.0129
November 0.0141 0.0137 0.0140
December 0.0141 0.0027 0.0100