YEARLY HIGH
0.0338 NAD
YEARLY LOW
0.0301 NAD
YEARLY AVERAGE
0.0321 NAD

2024 SOS to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0338. Conversely, the yearly low was recorded on September 29, dropping to 0.0301.

This high-to-low spread represents a total annual volatility of 0.0037 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0329 to the December average rate of 0.0319, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0338 was down 4.32% compared to the 2023 peak of 0.0353, 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 169 NAD
2023 Average 162 NAD
Yearly Trough Low 150 NAD
Transaction Impact: A difference of 18.73 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0334
0.0305
JanuMarcMayJulySeptNove

SOS to NAD 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 0.0328, compared to 0.0314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0328
H2 Avg (Jul–Dec) 0.0314

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0021 NAD (High: 0.0330 / Low: 0.0309). On the other end, October was the most stable month, with a tight range of 0.0008 NAD (High: 0.0310 / Low: 0.0303).

December Spread (Volatile) ±0.0021
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0332) against the same month in 2023 (average: 0.0314), the exchange rate shifted by +0.0017 (+5.55%).

2024 Avg (February) 0.0332
2023 Avg (February) 0.0314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0336 0.0323 0.0329
February 0.0338 0.0323 0.0332
March 0.0335 0.0325 0.0330
April 0.0336 0.0324 0.0331
May 0.0327 0.0317 0.0322
June 0.0332 0.0313 0.0323
July 0.0323 0.0315 0.0319
August 0.0325 0.0309 0.0316
September 0.0315 0.0301 0.0308
October 0.0310 0.0303 0.0307
November 0.0319 0.0305 0.0314
December 0.0330 0.0309 0.0319