2024 BND to SCR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BND to SCR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BND to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 11.5076. Conversely, the yearly low was recorded on January 17, dropping to 9.7180.
This high-to-low spread represents a total annual volatility of 1.7896 SCR. From a start-to-finish perspective, comparing the January average rate of 10.0243 to the December average rate of 10.4580, the exchange rate registered a net change of 4.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 11.5076 was up 6.79% compared to the 2023 peak of 10.7756, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BND to SCR 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 10.0866, compared to 10.3797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2931 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 1.5482 SCR (High: 11.3830 / Low: 9.8348). On the other end, May was the most stable month, with a tight range of 0.3584 SCR (High: 10.2530 / Low: 9.8945).
Growth Streaks & Declines
TrendsBetween April and August, 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 October and November, when the average rate fell by 0.1775 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 10.4683) against the same month in 2023 (average: 9.7379), the exchange rate shifted by +0.7303 (+7.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.4476 | 9.7180 | 10.0243 |
| February | 10.2672 | 9.8014 | 10.0090 |
| March | 10.7028 | 9.9334 | 10.1399 |
| April | 10.5695 | 9.8857 | 10.0221 |
| May | 10.2530 | 9.8945 | 10.1069 |
| June | 10.8461 | 10.0203 | 10.2173 |
| July | 10.4917 | 9.9416 | 10.2478 |
| August | 11.3830 | 9.8348 | 10.4397 |
| September | 10.8071 | 9.9425 | 10.3736 |
| October | 11.5076 | 9.9843 | 10.4683 |
| November | 10.6776 | 10.0135 | 10.2907 |
| December | 11.1972 | 9.8958 | 10.4580 |