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2024 SBD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 2695.9138. Conversely, the yearly low was recorded on March 12, dropping to 2547.3255.
This high-to-low spread represents a total annual volatility of 148.5883 STD. From a start-to-finish perspective, comparing the January average rate of 2646.0816 to the December average rate of 2659.1635, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2695.9138 was down 3.18% compared to the 2023 peak of 2784.3398, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
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SBD to STD 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: JanâJun) was 2633.5338, compared to 2657.1820 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 23.6482 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 104.0214 STD (High: 2651.3469 / Low: 2547.3255). On the other end, May was the most stable month, with a tight range of 11.3786 STD (High: 2629.0636 / Low: 2617.6850).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 17.1362 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 2682.2414) against the same month in 2023 (average: 2642.1685), the exchange rate shifted by +40.0729 (+1.52%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 2668.1410 | 2635.7484 | 2646.0816 |
| February | 2651.1128 | 2617.9218 | 2635.9194 |
| March | 2651.3469 | 2547.3255 | 2632.0261 |
| April | 2639.9702 | 2606.7801 | 2627.9318 |
| May | 2629.0636 | 2617.6850 | 2625.9943 |
| June | 2640.2051 | 2624.6069 | 2633.2499 |
| July | 2651.1128 | 2628.8275 | 2637.0657 |
| August | 2651.3469 | 2606.5420 | 2627.8707 |
| September | 2687.0004 | 2628.8275 | 2671.6457 |
| October | 2695.9138 | 2668.1403 | 2682.2414 |
| November | 2684.7719 | 2655.5701 | 2665.1052 |
| December | 2673.3981 | 2657.7969 | 2659.1635 |