2024 EUR to SOS Historical Review

YEARLY HIGH

639.6684 SOS

YEARLY LOW

591.5463 SOS

YEARLY AVERAGE

618.2658 SOS

2024 EUR to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 639.6684. Conversely, the yearly low was recorded on December 18, dropping to 591.5463.

This high-to-low spread represents a total annual volatility of 48.1221 SOS. From a start-to-finish perspective, comparing the January average rate of 623.2474 to the December average rate of 598.3120, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 639.6684 was down 0.04% compared to the 2023 peak of 639.9325, 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 3,198,342 SOS

2023 Average 3,081,200 SOS

Yearly Trough Low 2,957,732 SOS

Transaction Impact: A difference of 240,610.41 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

638.5707

594.6522

JanuMarcMayJulySeptNove

EUR to SOS 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 617.7444, compared to 618.7872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0428 points.

H1 Avg (Jan–Jun) 617.7444

H2 Avg (Jul–Dec) 618.7872

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 29.3533 SOS (High: 624.7421 / Low: 595.3888). On the other end, February was the most stable month, with a tight range of 9.6914 SOS (High: 621.7060 / Low: 612.0146).

November Spread (Volatile) ±29.3533

February Spread (Stable) ±9.6914

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 15.3398 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.3398

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 628.9769) against the same month in 2023 (average: 621.0056), the exchange rate shifted by +7.9713 (+1.28%).

2024 Avg (August) 628.9769

2023 Avg (August) 621.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	632.4916	616.6254	623.2474
February	621.7060	612.0146	617.1497
March	625.9563	615.9610	621.0537
April	620.5938	606.8297	612.5589
May	621.9873	611.4546	617.5263
June	622.8724	609.7726	614.9303
July	624.9686	612.5287	619.9992
August	639.6684	615.8883	628.9769
September	639.4889	628.8953	634.9108
October	631.7756	615.7892	622.9321
November	624.7421	595.3888	607.5922
December	605.2873	591.5463	598.3120