YEARLY HIGH
673.8363 SDG
YEARLY LOW
611.4546 SDG
YEARLY AVERAGE
647.2278 SDG

2024 EUR to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 673.8363. Conversely, the yearly low was recorded on May 1, dropping to 611.4546.

This high-to-low spread represents a total annual volatility of 62.3817 SDG. From a start-to-finish perspective, comparing the January average rate of 655.7105 to the December average rate of 629.9027, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 673.8363 was down 0.32% compared to the 2023 peak of 676.0189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 3,369,182 SDG
2023 Average 3,227,530 SDG
Yearly Trough Low 3,057,273 SDG
Transaction Impact: A difference of 311,908.56 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

672.2344
624.8626
JanuMarcMayJulySeptNove

EUR to SDG 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 644.1761, compared to 650.2796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1035 points.

H1 Avg (Jan–Jun) 644.1761
H2 Avg (Jul–Dec) 650.2796

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 42.9351 SDG (High: 654.3897 / Low: 611.4546). On the other end, February was the most stable month, with a tight range of 9.9694 SDG (High: 653.5500 / Low: 643.5806).

May Spread (Volatile) ±42.9351
February Spread (Stable) ±9.9694

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 16.6239 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -16.6239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 663.1212) against the same month in 2023 (average: 656.0668), the exchange rate shifted by +7.0544 (+1.08%).

2024 Avg (August) 663.1212
2023 Avg (August) 656.0668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 663.3012 649.3478 655.7105
February 653.5500 643.5806 648.6633
March 658.1613 633.3067 645.4341
April 644.7284 622.3958 628.8102
May 654.3897 611.4546 647.7303
June 652.4758 627.1740 638.7081
July 656.3823 633.9960 645.5498
August 673.8363 648.8078 663.1212
September 673.1448 662.2706 668.2867
October 665.5270 648.4455 655.4828
November 657.6811 626.6428 639.3344
December 636.7761 622.5516 629.9027