YEARLY HIGH
0.2775 FJD
YEARLY LOW
0.2551 FJD
YEARLY AVERAGE
0.2671 FJD

2024 SBD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2775. Conversely, the yearly low was recorded on March 12, dropping to 0.2551.

This high-to-low spread represents a total annual volatility of 0.0224 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2652 to the December average rate of 0.2754, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2775 was up 1.04% compared to the 2023 peak of 0.2747, 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 1,388 FJD
2023 Average 1,336 FJD
Yearly Trough Low 1,276 FJD
Transaction Impact: A difference of 111.98 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2766
0.2619
JanuMarcMayJulySeptNove

SBD to FJD 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 0.2660, compared to 0.2681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2660
H2 Avg (Jul–Dec) 0.2681

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0144 FJD (High: 0.2695 / Low: 0.2551). On the other end, February was the most stable month, with a tight range of 0.0054 FJD (High: 0.2684 / Low: 0.2630).

March Spread (Volatile) ±0.0144
February Spread (Stable) ±0.0054

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 0.0025 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2754) against the same month in 2023 (average: 0.2619), the exchange rate shifted by +0.0134 (+5.12%).

2024 Avg (December) 0.2754
2023 Avg (December) 0.2619

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2714 0.2605 0.2652
February 0.2684 0.2630 0.2661
March 0.2695 0.2551 0.2660
April 0.2704 0.2636 0.2673
May 0.2701 0.2617 0.2659
June 0.2686 0.2632 0.2657
July 0.2689 0.2631 0.2656
August 0.2674 0.2588 0.2631
September 0.2679 0.2603 0.2647
October 0.2737 0.2643 0.2689
November 0.2749 0.2683 0.2711
December 0.2775 0.2703 0.2754