2024 YER to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 YER to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the YER to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 52.0452. Conversely, the yearly low was recorded on May 11, dropping to 10.0321.
This high-to-low spread represents a total annual volatility of 42.0131 SYP. From a start-to-finish perspective, comparing the January average rate of 10.0363 to the December average rate of 24.9434, the exchange rate registered a net change of 148.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 52.0452 was up 417.44% compared to the 2023 peak of 10.0582, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 YER based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
YER to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.0368, compared to 12.5238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4869 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 42.0111 SYP (High: 52.0452 / Low: 10.0341). On the other end, September was the most stable month, with a tight range of 0.0039 SYP (High: 10.0390 / Low: 10.0351).
Growth Streaks & Declines
TrendsBetween June and September, 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 May and June, when the average rate fell by 0.0049 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 24.9434) against the same month in 2023 (average: 10.0410), the exchange rate shifted by +14.9025 (+148.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0409 | 10.0341 | 10.0363 |
| February | 10.0976 | 10.0351 | 10.0383 |
| March | 10.0381 | 10.0341 | 10.0357 |
| April | 10.0386 | 10.0321 | 10.0353 |
| May | 10.0562 | 10.0321 | 10.0402 |
| June | 10.0381 | 10.0331 | 10.0353 |
| July | 10.0381 | 10.0341 | 10.0362 |
| August | 10.0572 | 10.0341 | 10.0364 |
| September | 10.0390 | 10.0351 | 10.0368 |
| October | 10.0390 | 10.0341 | 10.0363 |
| November | 10.0592 | 10.0361 | 10.0534 |
| December | 52.0452 | 10.0341 | 24.9434 |