YEARLY HIGH
19.6620 SCR
YEARLY LOW
16.5561 SCR
YEARLY AVERAGE
17.4722 SCR

2024 FKP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 19.6620. Conversely, the yearly low was recorded on January 17, dropping to 16.5561.

This high-to-low spread represents a total annual volatility of 3.1059 SCR. From a start-to-finish perspective, comparing the January average rate of 17.0065 to the December average rate of 17.8376, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 19.6620 was up 6.89% compared to the 2023 peak of 18.3951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,310 SCR
2023 Average 83,597 SCR
Yearly Trough Low 82,780 SCR
Transaction Impact: A difference of 15,529.37 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.9824
16.9107
JanuMarcMayJulySeptNove

FKP to SCR 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 17.1818, compared to 17.7626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5808 points.

H1 Avg (Jan–Jun) 17.1818
H2 Avg (Jul–Dec) 17.7626

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 2.6740 SCR (High: 19.6620 / Low: 16.9880). On the other end, May was the most stable month, with a tight range of 0.8180 SCR (High: 17.5834 / Low: 16.7654).

October Spread (Volatile) ±2.6740
May Spread (Stable) ±0.8180

Growth Streaks & Declines

Trends

Between 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 0.3633 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 17.8931) against the same month in 2023 (average: 16.2210), the exchange rate shifted by +1.6720 (+10.31%).

2024 Avg (October) 17.8931
2023 Avg (October) 16.2210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.6037 16.5561 17.0065
February 17.4269 16.6000 17.0000
March 18.2204 16.9551 17.2730
April 17.7794 16.7045 17.0020
May 17.5834 16.7654 17.2575
June 18.5545 17.1838 17.5520
July 18.2500 17.1386 17.7554
August 19.2057 16.8013 17.7807
September 18.5852 17.2095 17.7791
October 19.6620 16.9880 17.8931
November 18.2504 16.9339 17.5298
December 19.1475 16.8425 17.8376