2024 FKP to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FKP to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FKP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 807.6254. Conversely, the yearly low was recorded on May 1, dropping to 715.1417.
This high-to-low spread represents a total annual volatility of 92.4837 SDG. From a start-to-finish perspective, comparing the January average rate of 763.7613 to the December average rate of 759.9622, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 807.6254 was up 2.40% compared to the 2023 peak of 788.6860, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FKP to SDG 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 753.6647, compared to 775.1456 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.4808 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 52.4209 SDG (High: 767.5626 / Low: 715.1417). On the other end, January was the most stable month, with a tight range of 9.3848 SDG (High: 768.0364 / Low: 758.6516).
Growth Streaks & Declines
TrendsBetween 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 20.7867 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 795.2166) against the same month in 2023 (average: 744.8152), the exchange rate shifted by +50.4014 (+6.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 768.0364 | 758.6516 | 763.7613 |
| February | 766.0511 | 752.6477 | 759.0315 |
| March | 772.7657 | 738.2166 | 754.4733 |
| April | 753.3899 | 723.6980 | 733.6866 |
| May | 767.5626 | 715.1417 | 756.9250 |
| June | 765.8919 | 742.5796 | 754.1104 |
| July | 780.0383 | 753.3315 | 765.4056 |
| August | 797.3023 | 762.8418 | 778.7520 |
| September | 807.6254 | 784.2447 | 795.2166 |
| October | 798.4368 | 775.7877 | 784.6852 |
| November | 784.5270 | 753.6791 | 766.8518 |
| December | 768.7166 | 751.7068 | 759.9622 |