YEARLY HIGH
2.2287 SBD
YEARLY LOW
1.8288 SBD
YEARLY AVERAGE
2.1163 SBD

2024 PLN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 2.2287. Conversely, the yearly low was recorded on January 1, dropping to 1.8288.

This high-to-low spread represents a total annual volatility of 0.3999 SBD. From a start-to-finish perspective, comparing the January average rate of 2.0963 to the December average rate of 2.0553, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2287 was up 2.71% compared to the 2023 peak of 2.1698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 44,573 SBD
2023 Average 39,826 SBD
Yearly Trough Low 36,575 SBD
Transaction Impact: A difference of 7,997.66 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1917
2.0380
JanuMarcMayJulySeptNove

PLN 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 2.1174, compared to 2.1151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 2.1174
H2 Avg (Jul–Dec) 2.1151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.3102 SBD (High: 2.1390 / Low: 1.8288). On the other end, December was the most stable month, with a tight range of 0.0501 SBD (High: 2.0783 / Low: 2.0281).

January Spread (Volatile) ±0.3102
December Spread (Stable) ±0.0501

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0694 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0694

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.1364) against the same month in 2023 (average: 1.8783), the exchange rate shifted by +0.2581 (+13.74%).

2024 Avg (March) 2.1364
2023 Avg (March) 1.8783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1390 1.8288 2.0963
February 2.1362 2.0829 2.1099
March 2.2287 2.1126 2.1364
April 2.1610 2.0710 2.1125
May 2.1744 2.0991 2.1422
June 2.1614 2.0674 2.1074
July 2.1657 2.0988 2.1421
August 2.2285 2.1251 2.1788
September 2.1968 2.1396 2.1664
October 2.1395 2.0551 2.0970
November 2.0898 2.0132 2.0508
December 2.0783 2.0281 2.0553