YEARLY HIGH
1550.8925 SYP
YEARLY LOW
287.2403 SYP
YEARLY AVERAGE
335.2923 SYP

2024 SBD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1550.8925. Conversely, the yearly low was recorded on March 12, dropping to 287.2403.

This high-to-low spread represents a total annual volatility of 1263.6521 SYP. From a start-to-finish perspective, comparing the January average rate of 298.3762 to the December average rate of 743.8238, the exchange rate registered a net change of 149.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1550.8925 was up 405.99% compared to the 2023 peak of 306.5081, 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 7,754,462 SYP
2023 Average 1,505,366 SYP
Yearly Trough Low 1,436,202 SYP
Transaction Impact: A difference of 6,318,260.62 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

788.5951
251.3399
JanuMarcMayJulySeptNove

SBD to SYP 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 296.9613, compared to 373.6233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 76.6620 points.

H1 Avg (Jan–Jun) 296.9613
H2 Avg (Jul–Dec) 373.6233

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1251.1952 SYP (High: 1550.8925 / Low: 299.6973). On the other end, May was the most stable month, with a tight range of 1.2831 SYP (High: 296.4572 / Low: 295.1742).

December Spread (Volatile) ±1251.1952
May Spread (Stable) ±1.2831

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 1.9323 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9323

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 743.8238) against the same month in 2023 (average: 297.0794), the exchange rate shifted by +446.7445 (+150.38%).

2024 Avg (December) 743.8238
2023 Avg (December) 297.0794

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 300.8637 297.2110 298.3762
February 298.9436 295.2009 297.2303
March 298.9699 287.2403 296.7913
April 297.6871 293.9445 296.3296
May 296.4572 295.1742 296.1112
June 297.7136 295.9547 296.9293
July 298.9436 296.4306 297.3596
August 298.9699 293.9177 296.3227
September 302.9903 296.4306 301.2589
October 303.9954 300.8636 302.4537
November 302.7390 299.4462 300.5214
December 1550.8925 299.6973 743.8238