YEARLY HIGH
807.6254 SDG
YEARLY LOW
715.1417 SDG
YEARLY AVERAGE
764.4051 SDG

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.

Transfer Payout Power Comparison

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

Yearly Peak High 4,038,127 SDG
2023 Average 3,709,642 SDG
Yearly Trough Low 3,575,708 SDG
Transaction Impact: A difference of 462,418.40 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

801.3696
727.5336
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 753.6647
H2 Avg (Jul–Dec) 775.1456

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±52.4209
January Spread (Stable) ±9.3848

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 20.7867 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -20.7867

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (September) 795.2166
2023 Avg (September) 744.8152

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