2024 SCR to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 222.6091. Conversely, the yearly low was recorded on December 15, dropping to 188.3725.
This high-to-low spread represents a total annual volatility of 34.2366 CDF. From a start-to-finish perspective, comparing the January average rate of 203.4254 to the December average rate of 202.3422, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 222.6091 was up 5.20% compared to the 2023 peak of 211.6046, 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 CDF 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 204.5964, compared to 207.4035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8072 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 32.0571 CDF (High: 221.4680 / Low: 189.4109). On the other end, May was the most stable month, with a tight range of 6.3288 CDF (High: 208.1129 / Low: 201.7841).
Growth Streaks & Declines
TrendsBetween May and September, 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 November and December, when the average rate fell by 5.7703 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 211.8429) against the same month in 2023 (average: 189.0646), the exchange rate shifted by +22.7783 (+12.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 210.1744 | 195.0316 | 203.4254 |
| February | 208.5964 | 199.5493 | 204.8176 |
| March | 208.5332 | 194.6729 | 204.1309 |
| April | 209.8668 | 194.2488 | 205.4253 |
| May | 208.1129 | 201.7841 | 204.7084 |
| June | 209.8377 | 192.3946 | 205.0704 |
| July | 210.3813 | 201.3735 | 206.1543 |
| August | 221.4680 | 189.4109 | 207.5844 |
| September | 222.6091 | 204.9079 | 211.8429 |
| October | 217.4090 | 188.6176 | 208.3849 |
| November | 213.3345 | 199.9748 | 208.1124 |
| December | 215.2067 | 188.3725 | 202.3422 |