YEARLY HIGH
1220.8279 SLL
YEARLY LOW
1085.2417 SLL
YEARLY AVERAGE
1145.0259 SLL

2024 NAD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 1220.8279. Conversely, the yearly low was recorded on February 26, dropping to 1085.2417.

This high-to-low spread represents a total annual volatility of 135.5862 SLL. From a start-to-finish perspective, comparing the January average rate of 1116.3236 to the December average rate of 1150.8598, the exchange rate registered a net change of 3.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1220.8279 was up 2.64% compared to the 2023 peak of 1189.4214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,104,140 SLL
2023 Average 5,156,948 SLL
Yearly Trough Low 5,426,209 SLL
Transaction Impact: A difference of 677,931.04 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1201.9463
1096.4742
JanuMarcMayJulySeptNove

NAD 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 1120.5124, compared to 1169.5394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.0270 points.

H1 Avg (Jan–Jun) 1120.5124
H2 Avg (Jul–Dec) 1169.5394

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 75.7262 SLL (High: 1187.4363 / Low: 1111.7102). On the other end, October was the most stable month, with a tight range of 29.8916 SLL (High: 1212.7173 / Low: 1182.8257).

December Spread (Volatile) ±75.7262
October Spread (Stable) ±29.8916

Growth Streaks & Declines

Trends

Between 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 23.4053 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -23.4053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1190.4980) against the same month in 2023 (average: 1105.2407), the exchange rate shifted by +85.2573 (+7.71%).

2024 Avg (September) 1190.4980
2023 Avg (September) 1105.2407

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1132.2550 1093.6766 1116.3236
February 1127.3925 1085.2417 1105.2635
March 1128.6060 1097.4611 1112.2673
April 1133.3355 1092.1615 1110.3296
May 1159.1763 1125.2095 1140.6495
June 1172.5151 1101.4847 1138.2407
July 1168.2700 1135.7417 1149.9502
August 1188.7710 1129.1147 1163.0197
September 1220.8279 1166.6662 1190.4980
October 1212.7173 1182.8257 1193.1569
November 1203.1119 1149.0137 1169.7516
December 1187.4363 1111.7102 1150.8598