2024 XCD to SRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XCD to SRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XCD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 13.6723. Conversely, the yearly low was recorded on August 13, dropping to 10.6078.
This high-to-low spread represents a total annual volatility of 3.0645 SRD. From a start-to-finish perspective, comparing the January average rate of 13.5755 to the December average rate of 13.0315, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.6723 was down 4.33% compared to the 2023 peak of 14.2908, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XCD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XCD to SRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.7447, compared to 11.7864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9583 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 1.3583 SRD (High: 12.7165 / Low: 11.3582). On the other end, August was the most stable month, with a tight range of 0.0849 SRD (High: 10.6927 / Low: 10.6078).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7386 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 13.5755) against the same month in 2023 (average: 11.7725), the exchange rate shifted by +1.8030 (+15.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.6723 | 13.4688 | 13.5755 |
| February | 13.5907 | 13.0628 | 13.3775 |
| March | 13.1302 | 12.8963 | 13.0359 |
| April | 12.9848 | 12.5117 | 12.8080 |
| May | 12.5117 | 11.8908 | 12.0693 |
| June | 11.9274 | 11.3312 | 11.6017 |
| July | 11.4109 | 10.6764 | 10.9865 |
| August | 10.6927 | 10.6078 | 10.6554 |
| September | 11.3598 | 10.6881 | 10.9917 |
| October | 12.7165 | 11.3582 | 12.0331 |
| November | 13.1500 | 12.7165 | 13.0199 |
| December | 13.1006 | 12.9722 | 13.0315 |