2024 SBD to CNY Historical Review

YEARLY HIGH

0.8726 CNY

YEARLY LOW

0.8211 CNY

YEARLY AVERAGE

0.8521 CNY

2024 SBD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.8726. Conversely, the yearly low was recorded on March 12, dropping to 0.8211.

This high-to-low spread represents a total annual volatility of 0.0515 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8444 to the December average rate of 0.8690, the exchange rate registered a net change of 2.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8726 was down 0.13% compared to the 2023 peak of 0.8738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,363 CNY

2023 Average 4,238 CNY

Yearly Trough Low 4,105 CNY

Transaction Impact: A difference of 257.57 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8716

0.8402

JanuMarcMayJulySeptNove

SBD to CNY 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 0.8486, compared to 0.8557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.8486

H2 Avg (Jul–Dec) 0.8557

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0349 CNY (High: 0.8560 / Low: 0.8211). On the other end, December was the most stable month, with a tight range of 0.0081 CNY (High: 0.8726 / Low: 0.8645).

March Spread (Volatile) ±0.0349

December Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between 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 0.0160 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8690) against the same month in 2023 (average: 0.8417), the exchange rate shifted by +0.0273 (+3.24%).

2024 Avg (December) 0.8690

2023 Avg (December) 0.8417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8589	0.8396	0.8444
February	0.8536	0.8412	0.8468
March	0.8560	0.8211	0.8501
April	0.8578	0.8367	0.8525
May	0.8546	0.8313	0.8446
June	0.8612	0.8370	0.8528
July	0.8639	0.8441	0.8588
August	0.8546	0.8344	0.8428
September	0.8545	0.8369	0.8482
October	0.8601	0.8478	0.8534
November	0.8671	0.8546	0.8619
December	0.8726	0.8645	0.8690