YEARLY HIGH
37.0280 SLL
YEARLY LOW
36.3590 SLL
YEARLY AVERAGE
36.7039 SLL

2024 SOS to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 37.0280. Conversely, the yearly low was recorded on February 4, dropping to 36.3590.

This high-to-low spread represents a total annual volatility of 0.6690 SLL. From a start-to-finish perspective, comparing the January average rate of 36.7084 to the December average rate of 36.7028, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 37.0280 was down 0.18% compared to the 2023 peak of 37.0962, 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 185,140 SLL
2023 Average 167,597 SLL
Yearly Trough Low 181,795 SLL
Transaction Impact: A difference of 3,345.14 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.7626
36.6704
JanuMarcMayJulySeptNove

SOS to SLL 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 36.7025, compared to 36.7052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 36.7025
H2 Avg (Jul–Dec) 36.7052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.4597 SLL (High: 37.0280 / Low: 36.5683). On the other end, July was the most stable month, with a tight range of 0.1350 SLL (High: 36.7960 / Low: 36.6610).

August Spread (Volatile) ±0.4597
July Spread (Stable) ±0.1350

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0602 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0602

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 36.7549) against the same month in 2023 (average: 36.8402), the exchange rate shifted by -0.0853 (-0.23%).

2024 Avg (August) 36.7549
2023 Avg (August) 36.8402

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.8378 36.5906 36.7084
February 36.7677 36.3590 36.6780
March 36.8587 36.5945 36.7058
April 36.7942 36.6017 36.7032
May 36.8862 36.6227 36.7198
June 36.7789 36.4515 36.6996
July 36.7960 36.6610 36.7119
August 37.0280 36.5683 36.7549
September 36.7826 36.5056 36.6947
October 36.7245 36.5436 36.6838
November 36.7583 36.4865 36.6833
December 36.8387 36.6390 36.7028