YEARLY HIGH
28155.4454 SLL
YEARLY LOW
25896.9039 SLL
YEARLY AVERAGE
26800.1274 SLL

2024 FKP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 28155.4454. Conversely, the yearly low was recorded on April 22, dropping to 25896.9039.

This high-to-low spread represents a total annual volatility of 2258.5415 SLL. From a start-to-finish perspective, comparing the January average rate of 26648.4084 to the December average rate of 26493.8101, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 28155.4454 was up 4.46% compared to the 2023 peak of 26952.9809, 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 140,777,227 SLL
2023 Average 118,740,665 SLL
Yearly Trough Low 129,484,520 SLL
Transaction Impact: A difference of 11,292,707.45 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27871.8718
26083.6176
JanuMarcMayJulySeptNove

FKP 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 26526.4580, compared to 27073.7969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 547.3389 points.

H1 Avg (Jan–Jun) 26526.4580
H2 Avg (Jul–Dec) 27073.7969

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1201.3620 SLL (High: 27795.5619 / Low: 26594.1999). On the other end, January was the most stable month, with a tight range of 327.4452 SLL (High: 26797.5694 / Low: 26470.1241).

August Spread (Volatile) ±1201.3620
January Spread (Stable) ±327.4452

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 October and November, when the average rate fell by 621.7091 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -621.7091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 27722.8506) against the same month in 2023 (average: 25975.8324), the exchange rate shifted by +1747.0182 (+6.73%).

2024 Avg (September) 27722.8506
2023 Avg (September) 25975.8324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26797.5694 26470.1241 26648.4084
February 26728.2991 26282.5092 26487.1739
March 26962.5807 26416.4373 26647.3710
April 26583.3777 25896.9039 26232.6388
May 26781.0390 26197.5973 26498.0784
June 26861.8306 26465.5473 26645.0775
July 27279.2081 26516.0472 26987.5611
August 27795.5619 26594.1999 27148.8603
September 28155.4454 27340.3479 27722.8506
October 27835.1145 27045.5193 27355.7041
November 27350.1899 26274.7702 26733.9949
December 26799.0078 26206.0114 26493.8101