YEARLY HIGH
0.0958 GBP
YEARLY LOW
0.0893 GBP
YEARLY AVERAGE
0.0929 GBP

2024 SBD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.0958. Conversely, the yearly low was recorded on August 21, dropping to 0.0893.

This high-to-low spread represents a total annual volatility of 0.0064 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0934 to the December average rate of 0.0945, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0958 was down 6.40% compared to the 2023 peak of 0.1023, 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 479 GBP
2023 Average 482 GBP
Yearly Trough Low 447 GBP
Transaction Impact: A difference of 32.20 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0948
0.0903
JanuMarcMayJulySeptNove

SBD to GBP 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 0.0934, compared to 0.0924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0934
H2 Avg (Jul–Dec) 0.0924

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0046 GBP (High: 0.0940 / Low: 0.0893). On the other end, June was the most stable month, with a tight range of 0.0017 GBP (High: 0.0939 / Low: 0.0922).

March Spread (Volatile) ±0.0046
June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0943) against the same month in 2023 (average: 0.0969), the exchange rate shifted by -0.0026 (-2.70%).

2024 Avg (April) 0.0943
2023 Avg (April) 0.0969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0944 0.0926 0.0934
February 0.0947 0.0928 0.0937
March 0.0940 0.0893 0.0930
April 0.0958 0.0929 0.0943
May 0.0944 0.0923 0.0933
June 0.0939 0.0922 0.0930
July 0.0937 0.0909 0.0920
August 0.0927 0.0893 0.0911
September 0.0920 0.0896 0.0907
October 0.0934 0.0908 0.0923
November 0.0952 0.0923 0.0938
December 0.0954 0.0935 0.0945