2024 SBD to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SBD to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 11.4983. Conversely, the yearly low was recorded on August 21, dropping to 10.4750.
This high-to-low spread represents a total annual volatility of 1.0233 ALL. From a start-to-finish perspective, comparing the January average rate of 11.3064 to the December average rate of 11.1990, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 11.4983 was down 14.40% compared to the 2023 peak of 13.4328, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SBD to ALL 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 11.1787, compared to 10.9177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2610 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.4682 ALL (High: 10.9432 / Low: 10.4750). On the other end, September was the most stable month, with a tight range of 0.2052 ALL (High: 10.8374 / Low: 10.6322).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 0.2414 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 11.3822) against the same month in 2023 (average: 13.1236), the exchange rate shifted by -1.7415 (-13.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.4415 | 11.1318 | 11.3064 |
| February | 11.4983 | 11.2543 | 11.3822 |
| March | 11.3152 | 10.8474 | 11.2383 |
| April | 11.2931 | 11.0483 | 11.1604 |
| May | 11.0776 | 10.8462 | 10.9610 |
| June | 11.1110 | 10.8481 | 11.0239 |
| July | 11.0856 | 10.8389 | 10.9438 |
| August | 10.9432 | 10.4750 | 10.7023 |
| September | 10.8374 | 10.6322 | 10.7272 |
| October | 11.0351 | 10.7237 | 10.8991 |
| November | 11.2373 | 10.8351 | 11.0347 |
| December | 11.3129 | 11.0893 | 11.1990 |