YEARLY HIGH
30.2963 YER
YEARLY LOW
28.6151 YER
YEARLY AVERAGE
29.7137 YER

2024 SBD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 30.2963. Conversely, the yearly low was recorded on March 12, dropping to 28.6151.

This high-to-low spread represents a total annual volatility of 1.6812 YER. From a start-to-finish perspective, comparing the January average rate of 29.7296 to the December average rate of 29.8440, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.2963 was down 0.82% compared to the 2023 peak of 30.5467, 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 151,482 YER
2023 Average 149,977 YER
Yearly Trough Low 143,075 YER
Transaction Impact: A difference of 8,406.23 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

30.2004
29.4283
JanuMarcMayJulySeptNove

SBD to YER 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 29.5872, compared to 29.8403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2531 points.

H1 Avg (Jan–Jun) 29.5872
H2 Avg (Jul–Dec) 29.8403

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1759 YER (High: 29.7910 / Low: 28.6151). On the other end, June was the most stable month, with a tight range of 0.1842 YER (High: 29.6733 / Low: 29.4891).

March Spread (Volatile) ±1.1759
June Spread (Stable) ±0.1842

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 0.2434 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 30.1361) against the same month in 2023 (average: 29.6849), the exchange rate shifted by +0.4512 (+1.52%).

2024 Avg (October) 30.1361
2023 Avg (October) 29.6849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.9782 29.6143 29.7296
February 29.7810 29.2348 29.6096
March 29.7910 28.6151 29.5737
April 29.6617 29.2917 29.5288
May 29.5483 29.3543 29.4926
June 29.6733 29.4891 29.5886
July 29.7840 29.5310 29.6287
August 29.7365 29.2861 29.5247
September 30.1871 29.5336 30.0153
October 30.2963 29.9694 30.1361
November 30.1018 29.7810 29.8927
December 30.0433 29.7990 29.8440