2024 SOS to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SOS to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SOS to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 22.8416. Conversely, the yearly low was recorded on February 4, dropping to 4.3565.
This high-to-low spread represents a total annual volatility of 18.4851 SYP. From a start-to-finish perspective, comparing the January average rate of 4.3983 to the December average rate of 10.9154, the exchange rate registered a net change of 148.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 22.8416 was up 409.60% compared to the 2023 peak of 4.4823, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SOS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SOS to SYP 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 4.3976, compared to 5.4842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0866 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 18.4516 SYP (High: 22.8416 / Low: 4.3900). On the other end, July was the most stable month, with a tight range of 0.0162 SYP (High: 4.4088 / Low: 4.3927).
Growth Streaks & Declines
TrendsBetween 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 0.0072 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 10.9154) against the same month in 2023 (average: 4.3945), the exchange rate shifted by +6.5209 (+148.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.4138 | 4.3842 | 4.3983 |
| February | 4.4054 | 4.3565 | 4.3947 |
| March | 4.4163 | 4.3847 | 4.3980 |
| April | 4.4086 | 4.3856 | 4.3977 |
| May | 4.4196 | 4.3881 | 4.3997 |
| June | 4.4068 | 4.3676 | 4.3973 |
| July | 4.4088 | 4.3927 | 4.3988 |
| August | 4.4366 | 4.3816 | 4.4039 |
| September | 4.4072 | 4.3740 | 4.3967 |
| October | 4.4003 | 4.3786 | 4.3954 |
| November | 4.4043 | 4.3718 | 4.3953 |
| December | 22.8416 | 4.3900 | 10.9154 |