YEARLY HIGH
348.0327 CDF
YEARLY LOW
315.7097 CDF
YEARLY AVERAGE
334.2485 CDF

2024 SBD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 348.0327. Conversely, the yearly low was recorded on January 20, dropping to 315.7097.

This high-to-low spread represents a total annual volatility of 32.3230 CDF. From a start-to-finish perspective, comparing the January average rate of 323.2328 to the December average rate of 340.6251, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 348.0327 was up 4.98% compared to the 2023 peak of 331.5173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,740,164 CDF
2023 Average 1,399,080 CDF
Yearly Trough Low 1,578,549 CDF
Transaction Impact: A difference of 161,615.06 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

345.7728
321.1838
JanuMarcMayJulySeptNove

SBD to CDF 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 328.3971, compared to 340.0999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.7028 points.

H1 Avg (Jan–Jun) 328.3971
H2 Avg (Jul–Dec) 340.0999

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 13.2230 CDF (High: 330.1465 / Low: 316.9234). On the other end, February was the most stable month, with a tight range of 3.3711 CDF (High: 327.6361 / Low: 324.2650).

March Spread (Volatile) ±13.2230
February Spread (Stable) ±3.3711

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.5590 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.5590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 343.7237) against the same month in 2023 (average: 298.6150), the exchange rate shifted by +45.1086 (+15.11%).

2024 Avg (October) 343.7237
2023 Avg (October) 298.6150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 326.7031 315.7097 323.2328
February 327.6361 324.2650 326.0662
March 330.1465 316.9234 327.7053
April 332.6412 326.8017 329.2391
May 332.8788 327.7768 329.4607
June 337.8930 329.2834 334.6786
July 340.1300 333.6503 336.5700
August 338.6201 332.2285 335.9949
September 345.4952 335.3610 341.5208
October 348.0327 340.5661 343.7237
November 344.6920 340.2746 342.1647
December 343.5524 337.9931 340.6251