2024 SHP to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SHP to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SHP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 238.6790. Conversely, the yearly low was recorded on April 22, dropping to 219.4094.
This high-to-low spread represents a total annual volatility of 19.2696 DJF. From a start-to-finish perspective, comparing the January average rate of 226.0930 to the December average rate of 224.7152, the exchange rate registered a net change of -0.61% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 238.6790 was up 2.27% compared to the 2023 peak of 233.3793, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SHP to DJF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 224.9392, compared to 229.5790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6398 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 10.1450 DJF (High: 235.6282 / Low: 225.4832). On the other end, January was the most stable month, with a tight range of 2.7978 DJF (High: 227.4424 / Low: 224.6447).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 5.2668 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 235.2206) against the same month in 2023 (average: 220.5137), the exchange rate shifted by +14.7070 (+6.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 227.4424 | 224.6447 | 226.0930 |
| February | 226.8020 | 223.4136 | 224.7616 |
| March | 228.7432 | 223.2627 | 225.8875 |
| April | 225.3892 | 219.4094 | 222.4358 |
| May | 227.6043 | 221.6641 | 224.5275 |
| June | 228.1099 | 223.9228 | 225.9299 |
| July | 231.3945 | 224.4497 | 228.8543 |
| August | 235.6282 | 225.4832 | 229.9385 |
| September | 238.6790 | 231.7692 | 235.2206 |
| October | 235.9635 | 229.2699 | 232.0061 |
| November | 231.8527 | 222.4074 | 226.7393 |
| December | 227.3709 | 222.2352 | 224.7152 |