YEARLY HIGH
19.1887 JPY
YEARLY LOW
16.7480 JPY
YEARLY AVERAGE
17.9820 JPY

2024 SBD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 19.1887. Conversely, the yearly low was recorded on January 1, dropping to 16.7480.

This high-to-low spread represents a total annual volatility of 2.4407 JPY. From a start-to-finish perspective, comparing the January average rate of 17.3586 to the December average rate of 18.3831, the exchange rate registered a net change of 5.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.1887 was up 6.06% compared to the 2023 peak of 18.0920, 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 95,943 JPY
2023 Average 84,161 JPY
Yearly Trough Low 83,740 JPY
Transaction Impact: A difference of 12,203.39 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.8388
17.0002
JanuMarcMayJulySeptNove

SBD to JPY 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 17.9927, compared to 17.9712 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0215 points.

H1 Avg (Jan–Jun) 17.9927
H2 Avg (Jul–Dec) 17.9712

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.4424 JPY (High: 19.1887 / Low: 17.7463). On the other end, February was the most stable month, with a tight range of 0.4326 JPY (High: 17.8591 / Low: 17.4266).

July Spread (Volatile) ±1.4424
February Spread (Stable) ±0.4326

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 1.4019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 18.6471) against the same month in 2023 (average: 16.8749), the exchange rate shifted by +1.7722 (+10.50%).

2024 Avg (July) 18.6471
2023 Avg (July) 16.8749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.7527 16.7480 17.3586
February 17.8591 17.4266 17.6997
March 17.9354 16.8769 17.6909
April 18.6666 17.8518 18.1678
May 18.5986 18.0576 18.3538
June 19.0686 18.2951 18.6856
July 19.1887 17.7463 18.6471
August 17.6041 16.9771 17.2452
September 17.4745 16.8271 17.1534
October 18.4388 17.3344 18.0461
November 18.6679 17.8633 18.3524
December 18.8338 17.8796 18.3831