2024 NAD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 NAD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the NAD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 35.0189. Conversely, the yearly low was recorded on April 24, dropping to 30.5208.
This high-to-low spread represents a total annual volatility of 4.4980 SDG. From a start-to-finish perspective, comparing the January average rate of 31.9946 to the December average rate of 33.0119, the exchange rate registered a net change of 3.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 35.0189 was up 1.21% compared to the 2023 peak of 34.6017, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
NAD 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 31.8361, compared to 33.4861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6500 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 2.8237 SDG (High: 33.6051 / Low: 30.7814). On the other end, October was the most stable month, with a tight range of 0.8574 SDG (High: 34.7862 / Low: 33.9288).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6714 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 34.1489) against the same month in 2023 (average: 31.6910), the exchange rate shifted by +2.4578 (+7.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.4512 | 31.3455 | 31.9946 |
| February | 32.3118 | 31.1038 | 31.6730 |
| March | 32.1047 | 30.8259 | 31.4909 |
| April | 31.7434 | 30.5208 | 31.0541 |
| May | 33.2228 | 30.6127 | 32.5834 |
| June | 33.6051 | 30.7814 | 32.2206 |
| July | 33.4834 | 31.7428 | 32.6164 |
| August | 34.0993 | 32.3881 | 33.3607 |
| September | 35.0189 | 33.4653 | 34.1489 |
| October | 34.7862 | 33.9288 | 34.2251 |
| November | 34.5107 | 32.9589 | 33.5538 |
| December | 34.0610 | 31.8889 | 33.0119 |