2024 HNL to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HNL to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HNL to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 24.4698. Conversely, the yearly low was recorded on May 1, dropping to 23.0319.
This high-to-low spread represents a total annual volatility of 1.4379 SDG. From a start-to-finish perspective, comparing the January average rate of 24.3442 to the December average rate of 23.7276, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 24.4698 was down 0.70% compared to the 2023 peak of 24.6422, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HNL 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 24.0941, compared to 24.0228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0713 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 1.3689 SDG (High: 24.4008 / Low: 23.0319). On the other end, January was the most stable month, with a tight range of 0.1779 SDG (High: 24.4608 / Low: 24.2828).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2910 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 24.2647) against the same month in 2023 (average: 24.4263), the exchange rate shifted by -0.1616 (-0.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.4608 | 24.2828 | 24.3442 |
| February | 24.3879 | 24.1212 | 24.3084 |
| March | 24.4442 | 23.5851 | 24.0174 |
| April | 24.2539 | 23.6270 | 23.7405 |
| May | 24.4008 | 23.0319 | 24.2148 |
| June | 24.3482 | 23.5730 | 23.9392 |
| July | 24.3348 | 23.6347 | 24.0094 |
| August | 24.4698 | 24.1298 | 24.2647 |
| September | 24.3086 | 24.1269 | 24.2196 |
| October | 24.2247 | 23.8092 | 24.0400 |
| November | 24.0120 | 23.7069 | 23.8752 |
| December | 23.8289 | 23.6457 | 23.7276 |