2024 CNY to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 85.8060. Conversely, the yearly low was recorded on May 1, dropping to 78.7885.
This high-to-low spread represents a total annual volatility of 7.0174 SDG. From a start-to-finish perspective, comparing the January average rate of 84.5226 to the December average rate of 82.6069, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 85.8060 was down 1.77% compared to the 2023 peak of 87.3515, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY to SDG 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 82.9908, compared to 83.6816 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6907 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 6.1416 SDG (High: 84.9302 / Low: 78.7885). On the other end, December was the most stable month, with a tight range of 0.6532 SDG (High: 83.0606 / Low: 82.4074).
Growth Streaks & Declines
TrendsBetween July and September, 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 February and March, when the average rate fell by 1.4563 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 85.0275) against the same month in 2023 (average: 82.4473), the exchange rate shifted by +2.5802 (+3.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.9038 | 83.5453 | 84.5226 |
| February | 84.6360 | 83.4908 | 83.9546 |
| March | 84.0344 | 81.0613 | 82.4983 |
| April | 83.0487 | 80.8767 | 81.1368 |
| May | 84.9302 | 78.7885 | 83.5879 |
| June | 84.5776 | 80.7607 | 82.2447 |
| July | 84.1878 | 80.5465 | 81.9594 |
| August | 84.8007 | 83.0365 | 84.1727 |
| September | 85.8060 | 84.4590 | 85.0275 |
| October | 85.7021 | 84.3488 | 84.8453 |
| November | 84.7326 | 82.9976 | 83.4776 |
| December | 83.0606 | 82.4074 | 82.6069 |