YEARLY HIGH
0.0127 CNY
YEARLY LOW
0.0117 CNY
YEARLY AVERAGE
0.0120 CNY

2024 SDG to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0127. Conversely, the yearly low was recorded on September 26, dropping to 0.0117.

This high-to-low spread represents a total annual volatility of 0.0010 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0121, the exchange rate registered a net change of 2.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0127 was down 3.33% compared to the 2023 peak of 0.0131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SDG based on timing:

Yearly Peak High 63 CNY
2023 Average 59 CNY
Yearly Trough Low 58 CNY
Transaction Impact: A difference of 5.19 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0124
0.0117
JanuMarcMayJulySeptNove

SDG to CNY 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 0.0121, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0121
H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0009 CNY (High: 0.0127 / Low: 0.0118). On the other end, December was the most stable month, with a tight range of 0.0001 CNY (High: 0.0121 / Low: 0.0120).

May Spread (Volatile) ±0.0009
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0120) against the same month in 2023 (average: 0.0116), the exchange rate shifted by +0.0003 (+2.76%).

2024 Avg (May) 0.0120
2023 Avg (May) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0120 0.0118 0.0118
February 0.0120 0.0118 0.0119
March 0.0123 0.0119 0.0121
April 0.0124 0.0120 0.0123
May 0.0127 0.0118 0.0120
June 0.0124 0.0118 0.0122
July 0.0124 0.0119 0.0122
August 0.0120 0.0118 0.0119
September 0.0118 0.0117 0.0118
October 0.0119 0.0117 0.0118
November 0.0120 0.0118 0.0120
December 0.0121 0.0120 0.0121