2024 SCR to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 76.0229. Conversely, the yearly low was recorded on January 4, dropping to 58.4705.
This high-to-low spread represents a total annual volatility of 17.5524 ARS. From a start-to-finish perspective, comparing the January average rate of 61.1118 to the December average rate of 72.3015, the exchange rate registered a net change of 18.31% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 76.0229 was up 26.05% compared to the 2023 peak of 60.3100, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR to ARS 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 63.3011, compared to 70.5457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2447 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 12.4519 ARS (High: 73.9942 / Low: 61.5424). On the other end, May was the most stable month, with a tight range of 2.6831 ARS (High: 65.9382 / Low: 63.2551).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3956 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 72.3015) against the same month in 2023 (average: 46.9173), the exchange rate shifted by +25.3842 (+54.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.9530 | 58.4705 | 61.1118 |
| February | 63.0492 | 60.3562 | 61.9820 |
| March | 64.0040 | 59.4801 | 62.5843 |
| April | 64.6835 | 60.4696 | 63.8581 |
| May | 65.9382 | 63.2551 | 64.8417 |
| June | 66.6090 | 61.6526 | 65.4285 |
| July | 68.3375 | 65.2521 | 66.8392 |
| August | 73.9942 | 61.5424 | 68.5455 |
| September | 75.3111 | 69.3841 | 71.4231 |
| October | 74.9574 | 65.1294 | 71.4680 |
| November | 74.6160 | 69.8733 | 72.6971 |
| December | 76.0229 | 67.3039 | 72.3015 |