YEARLY HIGH
0.1056 CAD
YEARLY LOW
0.0917 CAD
YEARLY AVERAGE
0.1003 CAD

2024 SCR to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.1056. Conversely, the yearly low was recorded on October 14, dropping to 0.0917.

This high-to-low spread represents a total annual volatility of 0.0138 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1003 to the December average rate of 0.1011, the exchange rate registered a net change of 0.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1056 was down 2.64% compared to the 2023 peak of 0.1084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 528 CAD
2023 Average 503 CAD
Yearly Trough Low 459 CAD
Transaction Impact: A difference of 69.14 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1020
0.0990
JanuMarcMayJulySeptNove

SCR to CAD 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 0.1000, compared to 0.1005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1000
H2 Avg (Jul–Dec) 0.1005

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0135 CAD (High: 0.1052 / Low: 0.0917). On the other end, May was the most stable month, with a tight range of 0.0038 CAD (High: 0.1023 / Low: 0.0985).

October Spread (Volatile) ±0.0135
May Spread (Stable) ±0.0038

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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1011) against the same month in 2023 (average: 0.0999), the exchange rate shifted by +0.0012 (+1.24%).

2024 Avg (December) 0.1011
2023 Avg (December) 0.0999

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1034 0.0962 0.1003
February 0.1029 0.0975 0.1003
March 0.1018 0.0948 0.0996
April 0.1027 0.0956 0.1007
May 0.1023 0.0985 0.1001
June 0.1014 0.0933 0.0992
July 0.1015 0.0971 0.0994
August 0.1049 0.0924 0.0996
September 0.1047 0.0966 0.1008
October 0.1052 0.0917 0.1004
November 0.1039 0.0982 0.1017
December 0.1056 0.0936 0.1011