2024 CNY to SBD Historical Review

YEARLY HIGH

1.2179 SBD

YEARLY LOW

1.1460 SBD

YEARLY AVERAGE

1.1737 SBD

2024 CNY to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 1.2179. Conversely, the yearly low was recorded on December 3, dropping to 1.1460.

This high-to-low spread represents a total annual volatility of 0.0719 SBD. From a start-to-finish perspective, comparing the January average rate of 1.1843 to the December average rate of 1.1508, the exchange rate registered a net change of -2.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2179 was down 1.64% compared to the 2023 peak of 1.2382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 30,448 SBD

2023 Average 29,508 SBD

Yearly Trough Low 28,651 SBD

Transaction Impact: A difference of 1,797.52 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1901

1.1472

JanuMarcMayJulySeptNove

CNY to SBD 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 1.1786, compared to 1.1688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 1.1786

H2 Avg (Jul–Dec) 1.1688

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0496 SBD (High: 1.2179 / Low: 1.1683). On the other end, December was the most stable month, with a tight range of 0.0107 SBD (High: 1.1567 / Low: 1.1460).

March Spread (Volatile) ±0.0496

December Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0115 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 1.1764) against the same month in 2023 (average: 1.1940), the exchange rate shifted by -0.0176 (-1.47%).

2024 Avg (March) 1.1764

2023 Avg (March) 1.1940

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1911	1.1643	1.1843
February	1.1887	1.1715	1.1810
March	1.2179	1.1683	1.1764
April	1.1951	1.1658	1.1730
May	1.2029	1.1701	1.1841
June	1.1947	1.1611	1.1727
July	1.1847	1.1575	1.1644
August	1.1984	1.1701	1.1865
September	1.1950	1.1703	1.1790
October	1.1796	1.1627	1.1718
November	1.1701	1.1532	1.1603
December	1.1567	1.1460	1.1508