YEARLY HIGH
0.1010 SBD
YEARLY LOW
0.0935 SBD
YEARLY AVERAGE
0.0967 SBD

2024 KGS to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.1010. Conversely, the yearly low was recorded on January 24, dropping to 0.0935.

This high-to-low spread represents a total annual volatility of 0.0075 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0943 to the December average rate of 0.0964, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1010 was up 2.36% compared to the 2023 peak of 0.0987, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505 SBD
2023 Average 475 SBD
Yearly Trough Low 468 SBD
Transaction Impact: A difference of 37.69 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1001
0.0938
JanuMarcMayJulySeptNove

KGS 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 0.0953, compared to 0.0981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0953
H2 Avg (Jul–Dec) 0.0981

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0039 SBD (High: 0.0978 / Low: 0.0939). On the other end, December was the most stable month, with a tight range of 0.0006 SBD (High: 0.0966 / Low: 0.0960).

March Spread (Volatile) ±0.0039
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0015 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0996) against the same month in 2023 (average: 0.0950), the exchange rate shifted by +0.0045 (+4.78%).

2024 Avg (August) 0.0996
2023 Avg (August) 0.0950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0949 0.0935 0.0943
February 0.0952 0.0941 0.0945
March 0.0978 0.0939 0.0946
April 0.0962 0.0948 0.0952
May 0.0968 0.0956 0.0962
June 0.0976 0.0961 0.0972
July 0.1009 0.0977 0.0994
August 0.1010 0.0986 0.0996
September 0.1000 0.0984 0.0989
October 0.0984 0.0967 0.0974
November 0.0973 0.0963 0.0968
December 0.0966 0.0960 0.0964