YEARLY HIGH
2537.1363 SLL
YEARLY LOW
2397.2992 SLL
YEARLY AVERAGE
2489.5580 SLL

2024 SBD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 2537.1363. Conversely, the yearly low was recorded on March 12, dropping to 2397.2992.

This high-to-low spread represents a total annual volatility of 139.8371 SLL. From a start-to-finish perspective, comparing the January average rate of 2490.2391 to the December average rate of 2502.5504, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2537.1363 was up 1.00% compared to the 2023 peak of 2511.9711, 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 12,685,681 SLL
2023 Average 11,428,207 SLL
Yearly Trough Low 11,986,496 SLL
Transaction Impact: A difference of 699,185.34 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2529.5626
2466.0414
JanuMarcMayJulySeptNove

SBD to SLL 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 2478.4303, compared to 2500.6857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.2554 points.

H1 Avg (Jan–Jun) 2478.4303
H2 Avg (Jul–Dec) 2500.6857

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 97.8950 SLL (High: 2495.1942 / Low: 2397.2992). On the other end, May was the most stable month, with a tight range of 10.7084 SLL (High: 2474.2233 / Low: 2463.5149).

March Spread (Volatile) ±97.8950
May Spread (Stable) ±10.7084

Growth Streaks & Declines

Trends

Between 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 16.1269 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -16.1269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2524.2692) against the same month in 2023 (average: 2486.5564), the exchange rate shifted by +37.7128 (+1.52%).

2024 Avg (October) 2524.2692
2023 Avg (October) 2486.5564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2510.9992 2480.5144 2490.2391
February 2494.9739 2463.7377 2480.6753
March 2495.1942 2397.2992 2477.0113
April 2484.4876 2453.2523 2473.1581
May 2474.2233 2463.5149 2471.3348
June 2484.7087 2470.0291 2478.1630
July 2494.9739 2474.0011 2481.7541
August 2495.1942 2453.0281 2473.1007
September 2528.7479 2474.0011 2514.2975
October 2537.1363 2510.9986 2524.2692
November 2526.6507 2499.1687 2508.1422
December 2515.9467 2501.2644 2502.5504