2024 NAD to SYP Historical Review

YEARLY HIGH

709.0659 SYP

YEARLY LOW

130.0318 SYP

YEARLY AVERAGE

153.8650 SYP

2024 NAD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 709.0659. Conversely, the yearly low was recorded on February 26, dropping to 130.0318.

This high-to-low spread represents a total annual volatility of 579.0341 SYP. From a start-to-finish perspective, comparing the January average rate of 133.7560 to the December average rate of 337.9338, the exchange rate registered a net change of 152.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 709.0659 was up 374.54% compared to the 2023 peak of 149.4219, 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 3,545,330 SYP

2023 Average 679,893 SYP

Yearly Trough Low 650,159 SYP

Transaction Impact: A difference of 2,895,170.47 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

358.4841

111.8805

JanuMarcMayJulySeptNove

NAD to SYP 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 134.2579, compared to 173.4722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.2143 points.

H1 Avg (Jan–Jun) 134.2579

H2 Avg (Jul–Dec) 173.4722

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 572.5563 SYP (High: 709.0659 / Low: 136.5097). On the other end, October was the most stable month, with a tight range of 3.5816 SYP (High: 145.3057 / Low: 141.7242).

December Spread (Volatile) ±572.5563

October Spread (Stable) ±3.5816

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 2.8044 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.8044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 337.9338) against the same month in 2023 (average: 134.4945), the exchange rate shifted by +203.4393 (+151.26%).

2024 Avg (December) 337.9338

2023 Avg (December) 134.4945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	135.6649	131.0425	133.7560
February	135.0823	130.0318	132.4308
March	135.2277	131.4959	133.2700
April	135.7943	130.8609	133.0378
May	138.8905	134.8207	136.6707
June	140.4888	131.9780	136.3821
July	139.9801	136.0826	137.7851
August	142.4365	135.2886	139.3511
September	146.2775	139.7880	142.6435
October	145.3057	141.7242	142.9620
November	144.1548	137.6729	140.1577
December	709.0659	136.5097	337.9338