2024 SCR to GBP Historical Review

YEARLY HIGH

0.0604 GBP

YEARLY LOW

0.0509 GBP

YEARLY AVERAGE

0.0573 GBP

2024 SCR to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.0604. Conversely, the yearly low was recorded on October 14, dropping to 0.0509.

This high-to-low spread represents a total annual volatility of 0.0095 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0588 to the December average rate of 0.0561, the exchange rate registered a net change of -4.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0604 was down 6.58% compared to the 2023 peak of 0.0647, 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 302 GBP

2023 Average 299 GBP

Yearly Trough Low 254 GBP

Transaction Impact: A difference of 47.71 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0591

0.0557

JanuMarcMayJulySeptNove

SCR to GBP 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 0.0582, compared to 0.0563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0582

H2 Avg (Jul–Dec) 0.0563

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0080 GBP (High: 0.0589 / Low: 0.0509). On the other end, May was the most stable month, with a tight range of 0.0028 GBP (High: 0.0596 / Low: 0.0569).

October Spread (Volatile) ±0.0080

May Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0588) against the same month in 2023 (average: 0.0604), the exchange rate shifted by -0.0016 (-2.57%).

2024 Avg (January) 0.0588

2023 Avg (January) 0.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0604	0.0568	0.0588
February	0.0602	0.0574	0.0588
March	0.0590	0.0549	0.0579
April	0.0599	0.0562	0.0588
May	0.0596	0.0569	0.0580
June	0.0582	0.0539	0.0570
July	0.0583	0.0548	0.0563
August	0.0595	0.0521	0.0563
September	0.0581	0.0538	0.0563
October	0.0589	0.0509	0.0559
November	0.0591	0.0548	0.0571
December	0.0594	0.0522	0.0561