YEARLY HIGH
23491.2900 SLL
YEARLY LOW
21703.4005 SLL
YEARLY AVERAGE
22692.7324 SLL

2024 EUR to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 23491.2900. Conversely, the yearly low was recorded on December 31, dropping to 21703.4005.

This high-to-low spread represents a total annual volatility of 1787.8895 SLL. From a start-to-finish perspective, comparing the January average rate of 22878.4046 to the December average rate of 21959.6744, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 23491.2900 was up 0.85% compared to the 2023 peak of 23293.8798, 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 117,456,450 SLL
2023 Average 103,268,289 SLL
Yearly Trough Low 108,517,002 SLL
Transaction Impact: A difference of 8,939,447.46 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

23431.6332
21825.8600
JanuMarcMayJulySeptNove

EUR to SLL 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 22672.7144, compared to 22712.7505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.0361 points.

H1 Avg (Jan–Jun) 22672.7144
H2 Avg (Jul–Dec) 22712.7505

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1082.0577 SLL (High: 22928.0859 / Low: 21846.0282). On the other end, March was the most stable month, with a tight range of 339.3241 SLL (High: 22967.6135 / Low: 22628.2894).

November Spread (Volatile) ±1082.0577
March Spread (Stable) ±339.3241

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 October and November, when the average rate fell by 562.9687 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -562.9687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 23117.7387) against the same month in 2023 (average: 22877.9272), the exchange rate shifted by +239.8115 (+1.05%).

2024 Avg (August) 23117.7387
2023 Avg (August) 22877.9272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23143.2532 22656.4053 22878.4046
February 22803.0226 22455.1796 22635.7639
March 22967.6135 22628.2894 22796.2571
April 22777.3867 22271.8935 22482.8567
May 22832.3205 22474.8425 22675.4126
June 22871.9674 22396.0620 22567.5914
July 22941.6817 22514.3201 22761.3385
August 23491.2900 22618.7459 23117.7387
September 23467.1827 23088.0858 23297.8188
October 23201.6110 22606.1149 22851.4506
November 22928.0859 21846.0282 22288.4819
December 22199.2966 21703.4005 21959.6744