YEARLY HIGH
0.0997 YER
YEARLY LOW
0.0192 YER
YEARLY AVERAGE
0.0972 YER

2024 SYP to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 0.0997. Conversely, the yearly low was recorded on December 21, dropping to 0.0192.

This high-to-low spread represents a total annual volatility of 0.0805 YER. From a start-to-finish perspective, comparing the January average rate of 0.0996 to the December average rate of 0.0711, the exchange rate registered a net change of -28.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0997 was up 0.01% compared to the 2023 peak of 0.0997, 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 498 YER
2023 Average 498 YER
Yearly Trough Low 96 YER
Transaction Impact: A difference of 402.33 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1025
0.0682
JanuMarcMayJulySeptNove

SYP to YER 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 0.0996, compared to 0.0948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0996
H2 Avg (Jul–Dec) 0.0948

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0804 YER (High: 0.0997 / Low: 0.0192). On the other end, September was the most stable month, with a tight range of 0.0000 YER (High: 0.0997 / Low: 0.0996).

December Spread (Volatile) ±0.0804
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0284 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0996) against the same month in 2023 (average: 0.0996), the exchange rate shifted by +0.0000 (+0.01%).

2024 Avg (April) 0.0996
2023 Avg (April) 0.0996

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0997 0.0996 0.0996
February 0.0997 0.0990 0.0996
March 0.0997 0.0996 0.0996
April 0.0997 0.0996 0.0996
May 0.0997 0.0994 0.0996
June 0.0997 0.0996 0.0996
July 0.0997 0.0996 0.0996
August 0.0997 0.0994 0.0996
September 0.0997 0.0996 0.0996
October 0.0997 0.0996 0.0996
November 0.0996 0.0994 0.0995
December 0.0997 0.0192 0.0711