YEARLY HIGH
10.6951 KGS
YEARLY LOW
9.8971 KGS
YEARLY AVERAGE
10.3444 KGS

2024 SBD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 10.6951. Conversely, the yearly low was recorded on August 4, dropping to 9.8971.

This high-to-low spread represents a total annual volatility of 0.7979 KGS. From a start-to-finish perspective, comparing the January average rate of 10.5994 to the December average rate of 10.3718, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.6951 was up 0.24% compared to the 2023 peak of 10.6691, 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 53,475 KGS
2023 Average 52,628 KGS
Yearly Trough Low 49,486 KGS
Transaction Impact: A difference of 3,989.62 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6549
9.9894
JanuMarcMayJulySeptNove

SBD to KGS 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 10.4904, compared to 10.1984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2920 points.

H1 Avg (Jan–Jun) 10.4904
H2 Avg (Jul–Dec) 10.1984

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4270 KGS (High: 10.6509 / Low: 10.2239). On the other end, December was the most stable month, with a tight range of 0.0607 KGS (High: 10.4143 / Low: 10.3536).

March Spread (Volatile) ±0.4270
December Spread (Stable) ±0.0607

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 June and July, when the average rate fell by 0.2278 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 10.5994) against the same month in 2023 (average: 10.3558), the exchange rate shifted by +0.2437 (+2.35%).

2024 Avg (January) 10.5994
2023 Avg (January) 10.3558

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6951 10.5364 10.5994
February 10.6274 10.5073 10.5777
March 10.6509 10.2239 10.5688
April 10.5484 10.3948 10.5040
May 10.4632 10.3303 10.4002
June 10.4012 10.2430 10.2926
July 10.2317 9.9139 10.0647
August 10.1379 9.8971 10.0449
September 10.1587 9.9966 10.1114
October 10.3448 10.1587 10.2700
November 10.3831 10.2778 10.3276
December 10.4143 10.3536 10.3718