YEARLY HIGH
3.0276 XCD
YEARLY LOW
2.7971 XCD
YEARLY AVERAGE
2.9246 XCD

2024 EUR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 3.0276. Conversely, the yearly low was recorded on December 31, dropping to 2.7971.

This high-to-low spread represents a total annual volatility of 0.2304 XCD. From a start-to-finish perspective, comparing the January average rate of 2.9486 to the December average rate of 2.8302, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0276 was down 0.36% compared to the 2023 peak of 3.0386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,138 XCD
2023 Average 14,626 XCD
Yearly Trough Low 13,986 XCD
Transaction Impact: A difference of 1,152.12 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.0199
2.8129
JanuMarcMayJulySeptNove

EUR to XCD 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 2.9221, compared to 2.9272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 2.9221
H2 Avg (Jul–Dec) 2.9272

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1395 XCD (High: 2.9550 / Low: 2.8155). On the other end, March was the most stable month, with a tight range of 0.0437 XCD (High: 2.9601 / Low: 2.9163).

November Spread (Volatile) ±0.1395
March Spread (Stable) ±0.0437

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0726 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.9794) against the same month in 2023 (average: 2.9485), the exchange rate shifted by +0.0309 (+1.05%).

2024 Avg (August) 2.9794
2023 Avg (August) 2.9485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9827 2.9200 2.9486
February 2.9389 2.8940 2.9173
March 2.9601 2.9163 2.9380
April 2.9356 2.8704 2.8976
May 2.9426 2.8966 2.9224
June 2.9477 2.8864 2.9085
July 2.9567 2.9016 2.9335
August 3.0276 2.9151 2.9794
September 3.0245 2.9756 3.0026
October 2.9902 2.9135 2.9451
November 2.9550 2.8155 2.8725
December 2.8610 2.7971 2.8302