YEARLY HIGH
0.3270 XCD
YEARLY LOW
0.3090 XCD
YEARLY AVERAGE
0.3209 XCD

2024 SBD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.3270. Conversely, the yearly low was recorded on March 12, dropping to 0.3090.

This high-to-low spread represents a total annual volatility of 0.0180 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3209 to the December average rate of 0.3225, 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 0.3270 was down 0.82% compared to the 2023 peak of 0.3297, 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 1,635 XCD
2023 Average 1,619 XCD
Yearly Trough Low 1,545 XCD
Transaction Impact: A difference of 90.11 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3260
0.3178
JanuMarcMayJulySeptNove

SBD to XCD 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 0.3194, compared to 0.3223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.3194
H2 Avg (Jul–Dec) 0.3223

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0126 XCD (High: 0.3216 / Low: 0.3090). On the other end, May was the most stable month, with a tight range of 0.0014 XCD (High: 0.3189 / Low: 0.3175).

March Spread (Volatile) ±0.0126
May Spread (Stable) ±0.0014

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 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.3253) against the same month in 2023 (average: 0.3205), the exchange rate shifted by +0.0049 (+1.52%).

2024 Avg (October) 0.3253
2023 Avg (October) 0.3205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3236 0.3197 0.3209
February 0.3216 0.3175 0.3197
March 0.3216 0.3090 0.3192
April 0.3202 0.3162 0.3187
May 0.3189 0.3175 0.3185
June 0.3202 0.3183 0.3194
July 0.3216 0.3188 0.3198
August 0.3216 0.3161 0.3187
September 0.3259 0.3188 0.3240
October 0.3270 0.3236 0.3253
November 0.3256 0.3221 0.3232
December 0.3243 0.3224 0.3225