YEARLY HIGH
0.0035 SBD
YEARLY LOW
0.0006 SBD
YEARLY AVERAGE
0.0033 SBD

2024 SYP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0035. Conversely, the yearly low was recorded on December 31, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0028 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0024, the exchange rate registered a net change of -28.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0035 was up 2.95% compared to the 2023 peak of 0.0034, 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 17 SBD
2023 Average 17 SBD
Yearly Trough Low 3 SBD
Transaction Impact: A difference of 14.18 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0035
0.0023
JanuMarcMayJulySeptNove

SYP 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 0.0034, compared to 0.0032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0027 SBD (High: 0.0033 / Low: 0.0006). On the other end, May was the most stable month, with a tight range of 0.0000 SBD (High: 0.0034 / Low: 0.0034).

December Spread (Volatile) ±0.0027
May Spread (Stable) ±0.0000

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 November and December, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0034) against the same month in 2023 (average: 0.0033), the exchange rate shifted by +0.0001 (+2.87%).

2024 Avg (March) 0.0034
2023 Avg (March) 0.0033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0034 0.0033 0.0034
February 0.0034 0.0033 0.0034
March 0.0035 0.0033 0.0034
April 0.0034 0.0034 0.0034
May 0.0034 0.0034 0.0034
June 0.0034 0.0034 0.0034
July 0.0034 0.0033 0.0034
August 0.0034 0.0033 0.0034
September 0.0034 0.0033 0.0033
October 0.0033 0.0033 0.0033
November 0.0033 0.0033 0.0033
December 0.0033 0.0006 0.0024