2024 CNY to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2991.3695. Conversely, the yearly low was recorded on December 30, dropping to 2872.8884.
This high-to-low spread represents a total annual volatility of 118.4810 SLL. From a start-to-finish perspective, comparing the January average rate of 2949.0804 to the December average rate of 2879.8420, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2991.3695 was up 0.88% compared to the 2023 peak of 2965.2281, 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 SLL 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 2920.9544, compared to 2922.7168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7624 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 69.8383 SLL (High: 2965.0185 / Low: 2895.1801). On the other end, December was the most stable month, with a tight range of 22.7714 SLL (High: 2895.6599 / Low: 2872.8884).
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 October and November, when the average rate fell by 47.6805 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 2964.2285) against the same month in 2023 (average: 2875.3933), the exchange rate shifted by +88.8353 (+3.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2962.3796 | 2914.9812 | 2949.0804 |
| February | 2953.0348 | 2913.0779 | 2929.6815 |
| March | 2940.0618 | 2900.7069 | 2913.7489 |
| April | 2956.9908 | 2894.1012 | 2901.0196 |
| May | 2965.0185 | 2895.1801 | 2926.1860 |
| June | 2954.7408 | 2885.1022 | 2906.0099 |
| July | 2937.3984 | 2882.2074 | 2889.7213 |
| August | 2956.3238 | 2894.8204 | 2934.4308 |
| September | 2991.3695 | 2944.4101 | 2964.2285 |
| October | 2987.7467 | 2940.5702 | 2957.8792 |
| November | 2953.9500 | 2893.4623 | 2910.1987 |
| December | 2895.6599 | 2872.8884 | 2879.8420 |