YEARLY HIGH
0.9815 SRD
YEARLY LOW
0.6935 SRD
YEARLY AVERAGE
0.8275 SRD

2024 UAH to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.9815. Conversely, the yearly low was recorded on August 13, dropping to 0.6935.

This high-to-low spread represents a total annual volatility of 0.2881 SRD. From a start-to-finish perspective, comparing the January average rate of 0.9695 to the December average rate of 0.8431, the exchange rate registered a net change of -13.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9815 was down 7.73% compared to the 2023 peak of 1.0637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,908 SRD
2023 Average 4,975 SRD
Yearly Trough Low 3,467 SRD
Transaction Impact: A difference of 1,440.32 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9965
0.6723
JanuMarcMayJulySeptNove

UAH 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 0.8843, compared to 0.7707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1136 points.

H1 Avg (Jan–Jun) 0.8843
H2 Avg (Jul–Dec) 0.7707

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0908 SRD (High: 0.8343 / Low: 0.7436). On the other end, August was the most stable month, with a tight range of 0.0119 SRD (High: 0.7054 / Low: 0.6935).

October Spread (Volatile) ±0.0908
August Spread (Stable) ±0.0119

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 April and May, when the average rate fell by 0.0582 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.9695) against the same month in 2023 (average: 0.8655), the exchange rate shifted by +0.1040 (+12.02%).

2024 Avg (January) 0.9695
2023 Avg (January) 0.8655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9815 0.9558 0.9695
February 0.9802 0.9201 0.9518
March 0.9305 0.8872 0.9101
April 0.8989 0.8555 0.8791
May 0.8578 0.7929 0.8210
June 0.7982 0.7553 0.7743
July 0.7588 0.7020 0.7242
August 0.7054 0.6935 0.6993
September 0.7459 0.6988 0.7198
October 0.8343 0.7436 0.7879
November 0.8607 0.8314 0.8499
December 0.8527 0.8346 0.8431