2024 SBD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SBD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1046.1668. Conversely, the yearly low was recorded on March 12, dropping to 982.8179.
This high-to-low spread represents a total annual volatility of 63.3489 GNF. From a start-to-finish perspective, comparing the January average rate of 1020.7090 to the December average rate of 1030.0031, the exchange rate registered a net change of 0.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1046.1668 was down 2.15% compared to the 2023 peak of 1069.1276, 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 GNF 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 1016.0502, compared to 1028.8138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.7636 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 40.3200 GNF (High: 1023.1379 / Low: 982.8179). On the other end, May was the most stable month, with a tight range of 5.4719 GNF (High: 1014.9677 / Low: 1009.4959).
Growth Streaks & Declines
TrendsBetween May and July, 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 October and November, when the average rate fell by 7.9386 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 1039.7931) against the same month in 2023 (average: 1019.8516), the exchange rate shifted by +19.9415 (+1.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1032.6376 | 1014.5183 | 1020.7090 |
| February | 1027.5367 | 1009.8151 | 1017.6680 |
| March | 1023.1379 | 982.8179 | 1015.0744 |
| April | 1018.9367 | 1005.1668 | 1013.2279 |
| May | 1014.9677 | 1009.4959 | 1012.7592 |
| June | 1020.4709 | 1012.5044 | 1016.8624 |
| July | 1025.6326 | 1015.2483 | 1018.8640 |
| August | 1026.1495 | 1007.9139 | 1016.3442 |
| September | 1041.6489 | 1018.6519 | 1036.0237 |
| October | 1046.1668 | 1033.2084 | 1039.7931 |
| November | 1039.5587 | 1025.7848 | 1031.8545 |
| December | 1034.4222 | 1026.4040 | 1030.0031 |