YEARLY HIGH
2.2863 SZL
YEARLY LOW
2.0704 SZL
YEARLY AVERAGE
2.1747 SZL

2024 SBD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 23, valuing the pair at 2.2863. Conversely, the yearly low was recorded on September 26, dropping to 2.0704.

This high-to-low spread represents a total annual volatility of 0.2160 SZL. From a start-to-finish perspective, comparing the January average rate of 2.2306 to the December average rate of 2.1749, 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 2.2863 was down 3.62% compared to the 2023 peak of 2.3723, 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 11,432 SZL
2023 Average 11,050 SZL
Yearly Trough Low 10,352 SZL
Transaction Impact: A difference of 1,079.78 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2570
2.0993
JanuMarcMayJulySeptNove

SBD to SZL 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 2.2117, compared to 2.1377 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0740 points.

H1 Avg (Jan–Jun) 2.2117
H2 Avg (Jul–Dec) 2.1377

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1424 SZL (High: 2.2492 / Low: 2.1068). On the other end, October was the most stable month, with a tight range of 0.0424 SZL (High: 2.1280 / Low: 2.0856).

December Spread (Volatile) ±0.1424
October Spread (Stable) ±0.0424

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 0.0554 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0554

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.2306) against the same month in 2023 (average: 2.0696), the exchange rate shifted by +0.1610 (+7.78%).

2024 Avg (January) 2.2306
2023 Avg (January) 2.0696

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2863 2.1939 2.2306
February 2.2798 2.2075 2.2439
March 2.2587 2.1267 2.2257
April 2.2728 2.1800 2.2238
May 2.1987 2.1307 2.1684
June 2.2438 2.1143 2.1777
July 2.1881 2.1278 2.1574
August 2.1867 2.0807 2.1258
September 2.1486 2.0704 2.1125
October 2.1280 2.0856 2.1142
November 2.1749 2.0928 2.1415
December 2.2492 2.1068 2.1749