YEARLY HIGH
0.4830 SBD
YEARLY LOW
0.4374 SBD
YEARLY AVERAGE
0.4601 SBD

2024 SZL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SZL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.4830. Conversely, the yearly low was recorded on January 23, dropping to 0.4374.

This high-to-low spread represents a total annual volatility of 0.0456 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4483 to the December average rate of 0.4599, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4830 was down 2.11% compared to the 2023 peak of 0.4934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,415 SBD
2023 Average 2,265 SBD
Yearly Trough Low 2,187 SBD
Transaction Impact: A difference of 228.11 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4762
0.4429
JanuMarcMayJulySeptNove

SZL 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 0.4523, compared to 0.4679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.4523
H2 Avg (Jul–Dec) 0.4679

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0300 SBD (High: 0.4747 / Low: 0.4446). On the other end, October was the most stable month, with a tight range of 0.0095 SBD (High: 0.4795 / Low: 0.4699).

December Spread (Volatile) ±0.0300
October Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between February and May, 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 0.0071 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4734) against the same month in 2023 (average: 0.4432), the exchange rate shifted by +0.0303 (+6.83%).

2024 Avg (September) 0.4734
2023 Avg (September) 0.4432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4558 0.4374 0.4483
February 0.4530 0.4386 0.4457
March 0.4702 0.4427 0.4494
April 0.4587 0.4400 0.4497
May 0.4693 0.4548 0.4612
June 0.4730 0.4457 0.4593
July 0.4700 0.4570 0.4636
August 0.4806 0.4573 0.4705
September 0.4830 0.4654 0.4734
October 0.4795 0.4699 0.4730
November 0.4778 0.4598 0.4670
December 0.4747 0.4446 0.4599