YEARLY HIGH
0.2197 SCR
YEARLY LOW
0.1806 SCR
YEARLY AVERAGE
0.1987 SCR

2024 GMD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.2197. Conversely, the yearly low was recorded on August 27, dropping to 0.1806.

This high-to-low spread represents a total annual volatility of 0.0391 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1989 to the December average rate of 0.1966, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2197 was down 7.88% compared to the 2023 peak of 0.2385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,098 SCR
2023 Average 1,081 SCR
Yearly Trough Low 903 SCR
Transaction Impact: A difference of 195.34 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2049
0.1922
JanuMarcMayJulySeptNove

GMD 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 0.2006, compared to 0.1969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.2006
H2 Avg (Jul–Dec) 0.1969

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0342 SCR (High: 0.2197 / Low: 0.1855). On the other end, May was the most stable month, with a tight range of 0.0062 SCR (High: 0.2042 / Low: 0.1980).

October Spread (Volatile) ±0.0342
May Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0067 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.1980) against the same month in 2023 (average: 0.2031), the exchange rate shifted by -0.0051 (-2.53%).

2024 Avg (October) 0.1980
2023 Avg (October) 0.2031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2065 0.1942 0.1989
February 0.2040 0.1948 0.1991
March 0.2097 0.1963 0.2001
April 0.2116 0.1975 0.2002
May 0.2042 0.1980 0.2015
June 0.2167 0.2002 0.2039
July 0.2081 0.1960 0.2034
August 0.2130 0.1806 0.1967
September 0.2038 0.1871 0.1933
October 0.2197 0.1855 0.1980
November 0.2014 0.1874 0.1933
December 0.2103 0.1874 0.1966