2024 FKP to SBD Historical Review

YEARLY HIGH

11.1921 SBD

YEARLY LOW

10.4396 SBD

YEARLY AVERAGE

10.7649 SBD

2024 FKP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 11.1921. Conversely, the yearly low was recorded on April 20, dropping to 10.4396.

This high-to-low spread represents a total annual volatility of 0.7525 SBD. From a start-to-finish perspective, comparing the January average rate of 10.7013 to the December average rate of 10.5867, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.1921 was up 1.87% compared to the 2023 peak of 10.9868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,961 SBD

2023 Average 51,914 SBD

Yearly Trough Low 52,198 SBD

Transaction Impact: A difference of 3,762.50 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.0700

10.5428

JanuMarcMayJulySeptNove

FKP to SBD 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 10.7031, compared to 10.8267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1237 points.

H1 Avg (Jan–Jun) 10.7031

H2 Avg (Jul–Dec) 10.8267

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5507 SBD (High: 11.1920 / Low: 10.6413). On the other end, June was the most stable month, with a tight range of 0.1998 SBD (High: 10.8512 / Low: 10.6514).

March Spread (Volatile) ±0.5507

June Spread (Stable) ±0.1998

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1890 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1890

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 10.9775) against the same month in 2023 (average: 10.6292), the exchange rate shifted by +0.3483 (+3.28%).

2024 Avg (August) 10.9775

2023 Avg (August) 10.6292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.8032	10.5987	10.7013
February	10.7786	10.5608	10.6776
March	11.1920	10.6413	10.7584
April	10.7624	10.4396	10.6070
May	10.8315	10.5892	10.7222
June	10.8512	10.6514	10.7521
July	11.0025	10.6717	10.8745
August	11.1921	10.7879	10.9775
September	11.1574	10.8668	11.0261
October	11.0076	10.7021	10.8371
November	10.8381	10.5046	10.6586
December	10.7008	10.4771	10.5867