YEARLY HIGH
0.0128 CNY
YEARLY LOW
0.0122 CNY
YEARLY AVERAGE
0.0126 CNY

2024 SOS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0128. Conversely, the yearly low was recorded on October 6, dropping to 0.0122.

This high-to-low spread represents a total annual volatility of 0.0006 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0127, the exchange rate registered a net change of 2.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0128 was down 0.59% compared to the 2023 peak of 0.0129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 CNY
2023 Average 62 CNY
Yearly Trough Low 61 CNY
Transaction Impact: A difference of 2.87 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0128
0.0123
JanuMarcMayJulySeptNove

SOS 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 0.0126, compared to 0.0126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0004 CNY (High: 0.0127 / Low: 0.0124). On the other end, December was the most stable month, with a tight range of 0.0001 CNY (High: 0.0128 / Low: 0.0127).

June Spread (Volatile) ±0.0004
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 July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0127) against the same month in 2023 (average: 0.0125), the exchange rate shifted by +0.0003 (+2.36%).

2024 Avg (December) 0.0127
2023 Avg (December) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0126 0.0124 0.0124
February 0.0126 0.0123 0.0125
March 0.0127 0.0125 0.0126
April 0.0127 0.0124 0.0127
May 0.0127 0.0124 0.0125
June 0.0127 0.0124 0.0126
July 0.0128 0.0125 0.0127
August 0.0127 0.0124 0.0125
September 0.0125 0.0122 0.0124
October 0.0125 0.0122 0.0124
November 0.0127 0.0124 0.0126
December 0.0128 0.0127 0.0127