YEARLY HIGH
0.0153 SBD
YEARLY LOW
0.0144 SBD
YEARLY AVERAGE
0.0147 SBD

2024 SOS to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0153. Conversely, the yearly low was recorded on October 6, dropping to 0.0144.

This high-to-low spread represents a total annual volatility of 0.0009 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0147, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0153 was up 2.58% compared to the 2023 peak of 0.0149, 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 77 SBD
2023 Average 73 SBD
Yearly Trough Low 72 SBD
Transaction Impact: A difference of 4.33 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0149
0.0145
JanuMarcMayJulySeptNove

SOS to SBD 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 0.0148, compared to 0.0147 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) 0.0148
H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0006 SBD (High: 0.0153 / Low: 0.0147). On the other end, May was the most stable month, with a tight range of 0.0001 SBD (High: 0.0149 / Low: 0.0148).

March Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0148) against the same month in 2023 (average: 0.0145), the exchange rate shifted by +0.0003 (+2.28%).

2024 Avg (March) 0.0148
2023 Avg (March) 0.0145

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0148 0.0146 0.0147
February 0.0149 0.0146 0.0148
March 0.0153 0.0147 0.0148
April 0.0150 0.0148 0.0148
May 0.0149 0.0148 0.0149
June 0.0149 0.0147 0.0148
July 0.0149 0.0147 0.0148
August 0.0150 0.0147 0.0149
September 0.0148 0.0145 0.0146
October 0.0146 0.0144 0.0145
November 0.0147 0.0145 0.0146
December 0.0147 0.0146 0.0147