2024 SBD to MXN Historical Review

YEARLY HIGH

2.4893 MXN

YEARLY LOW

1.9205 MXN

YEARLY AVERAGE

2.1757 MXN

2024 SBD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4893. Conversely, the yearly low was recorded on March 12, dropping to 1.9205.

This high-to-low spread represents a total annual volatility of 0.5687 MXN. From a start-to-finish perspective, comparing the January average rate of 2.0257 to the December average rate of 2.4171, the exchange rate registered a net change of 19.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4893 was up 5.69% compared to the 2023 peak of 2.3552, 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 12,446 MXN

2023 Average 10,627 MXN

Yearly Trough Low 9,603 MXN

Transaction Impact: A difference of 2,843.65 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4758

1.9347

JanuMarcMayJulySeptNove

SBD to MXN 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 2.0234, compared to 2.3280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3046 points.

H1 Avg (Jan–Jun) 2.0234

H2 Avg (Jul–Dec) 2.3280

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2186 MXN (High: 2.2181 / Low: 1.9995). On the other end, February was the most stable month, with a tight range of 0.0357 MXN (High: 2.0386 / Low: 2.0028).

June Spread (Volatile) ±0.2186

February Spread (Stable) ±0.0357

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 0.0410 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0410

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.4171) against the same month in 2023 (average: 2.0297), the exchange rate shifted by +0.3874 (+19.08%).

2024 Avg (December) 2.4171

2023 Avg (December) 2.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0727	1.9916	2.0257
February	2.0386	2.0028	2.0218
March	2.0076	1.9205	1.9808
April	2.0300	1.9265	1.9828
May	2.0088	1.9491	1.9798
June	2.2181	1.9995	2.1495
July	2.2334	2.0869	2.1427
August	2.3545	2.1912	2.2591
September	2.4110	2.2892	2.3498
October	2.4209	2.3239	2.3686
November	2.4695	2.3726	2.4307
December	2.4893	2.3936	2.4171