2024 SBD to NAD Historical Review

YEARLY HIGH

2.2891 NAD

YEARLY LOW

2.0713 NAD

YEARLY AVERAGE

2.1756 NAD

2024 SBD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 2.2891. Conversely, the yearly low was recorded on September 26, dropping to 2.0713.

This high-to-low spread represents a total annual volatility of 0.2178 NAD. From a start-to-finish perspective, comparing the January average rate of 2.2310 to the December average rate of 2.1752, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2891 was down 4.35% compared to the 2023 peak of 2.3933, 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 11,446 NAD

2023 Average 11,084 NAD

Yearly Trough Low 10,357 NAD

Transaction Impact: A difference of 1,089.16 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2578

2.0991

JanuMarcMayJulySeptNove

SBD to NAD 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 2.2125, compared to 2.1388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0737 points.

H1 Avg (Jan–Jun) 2.2125

H2 Avg (Jul–Dec) 2.1388

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1435 NAD (High: 2.2499 / Low: 2.1064). On the other end, October was the most stable month, with a tight range of 0.0480 NAD (High: 2.1332 / Low: 2.0852).

December Spread (Volatile) ±0.1435

October Spread (Stable) ±0.0480

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 April and May, when the average rate fell by 0.0610 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.2310) against the same month in 2023 (average: 2.0667), the exchange rate shifted by +0.1643 (+7.95%).

2024 Avg (January) 2.2310

2023 Avg (January) 2.0667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2891	2.1980	2.2310
February	2.2847	2.2075	2.2446
March	2.2543	2.1282	2.2271
April	2.2716	2.1794	2.2277
May	2.1970	2.1254	2.1667
June	2.2443	2.1154	2.1778
July	2.1881	2.1268	2.1583
August	2.1874	2.0811	2.1268
September	2.1491	2.0713	2.1123
October	2.1332	2.0852	2.1157
November	2.1769	2.0932	2.1445
December	2.2499	2.1064	2.1752