2024 SYP to CNY Historical Review

YEARLY HIGH

0.0029 CNY

YEARLY LOW

0.0006 CNY

YEARLY AVERAGE

0.0028 CNY

2024 SYP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0029. Conversely, the yearly low was recorded on December 24, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0023 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0028 to the December average rate of 0.0021, the exchange rate registered a net change of -26.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was down 0.63% compared to the 2023 peak of 0.0029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 CNY

2023 Average 14 CNY

Yearly Trough Low 3 CNY

Transaction Impact: A difference of 11.71 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0030

0.0020

JanuMarcMayJulySeptNove

SYP 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 0.0029, compared to 0.0027 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) 0.0029

H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0023 CNY (High: 0.0029 / Low: 0.0006). On the other end, March was the most stable month, with a tight range of 0.0000 CNY (High: 0.0029 / Low: 0.0028).

December Spread (Volatile) ±0.0023

March Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0021) against the same month in 2023 (average: 0.0028), the exchange rate shifted by -0.0008 (-27.06%).

2024 Avg (December) 0.0021

2023 Avg (December) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0029	0.0028	0.0028
February	0.0029	0.0028	0.0028
March	0.0029	0.0028	0.0029
April	0.0029	0.0028	0.0029
May	0.0029	0.0028	0.0029
June	0.0029	0.0028	0.0029
July	0.0029	0.0028	0.0029
August	0.0029	0.0028	0.0028
September	0.0028	0.0028	0.0028
October	0.0028	0.0028	0.0028
November	0.0029	0.0028	0.0029
December	0.0029	0.0006	0.0021