YEARLY HIGH
0.0724 SCR
YEARLY LOW
0.0612 SCR
YEARLY AVERAGE
0.0653 SCR

2024 GYD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0724. Conversely, the yearly low was recorded on September 24, dropping to 0.0612.

This high-to-low spread represents a total annual volatility of 0.0112 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0639 to the December average rate of 0.0675, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0724 was up 7.08% compared to the 2023 peak of 0.0677, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 362 SCR
2023 Average 320 SCR
Yearly Trough Low 306 SCR
Transaction Impact: A difference of 56.01 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0679
0.0636
JanuMarcMayJulySeptNove

GYD 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 0.0649, compared to 0.0658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0649
H2 Avg (Jul–Dec) 0.0658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0112 SCR (High: 0.0724 / Low: 0.0613). On the other end, May was the most stable month, with a tight range of 0.0020 SCR (High: 0.0661 / Low: 0.0641).

August Spread (Volatile) ±0.0112
May Spread (Stable) ±0.0020

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 August and September, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0657) against the same month in 2023 (average: 0.0639), the exchange rate shifted by +0.0018 (+2.85%).

2024 Avg (August) 0.0657
2023 Avg (August) 0.0639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0664 0.0624 0.0639
February 0.0660 0.0630 0.0643
March 0.0680 0.0630 0.0649
April 0.0688 0.0641 0.0650
May 0.0661 0.0641 0.0653
June 0.0704 0.0648 0.0660
July 0.0675 0.0646 0.0660
August 0.0724 0.0613 0.0657
September 0.0667 0.0612 0.0643
October 0.0719 0.0625 0.0655
November 0.0683 0.0640 0.0657
December 0.0722 0.0636 0.0675