2024 SCR to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 15.3025. Conversely, the yearly low was recorded on December 4, dropping to 11.9033.
This high-to-low spread represents a total annual volatility of 3.3992 LRD. From a start-to-finish perspective, comparing the January average rate of 14.1353 to the December average rate of 12.8021, the exchange rate registered a net change of -9.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.3025 was up 4.28% compared to the 2023 peak of 14.6743, 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 LRD 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 14.1434, compared to 13.8754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2680 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 2.1160 LRD (High: 15.2119 / Low: 13.0960). On the other end, May was the most stable month, with a tight range of 0.4323 LRD (High: 14.4155 / Low: 13.9831).
Growth Streaks & Declines
TrendsBetween January and April, 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 November and December, when the average rate fell by 0.6596 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 14.5465) against the same month in 2023 (average: 14.1847), the exchange rate shifted by +0.3619 (+2.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.4946 | 13.5899 | 14.1353 |
| February | 14.4486 | 13.7852 | 14.1539 |
| March | 14.4507 | 13.4602 | 14.1601 |
| April | 14.3925 | 13.4478 | 14.1836 |
| May | 14.4155 | 13.9831 | 14.1738 |
| June | 14.3096 | 13.2078 | 14.0538 |
| July | 14.3954 | 13.8280 | 14.1300 |
| August | 15.2119 | 13.0960 | 14.2487 |
| September | 15.3025 | 13.9686 | 14.5465 |
| October | 14.7668 | 12.7960 | 14.0634 |
| November | 14.1472 | 12.5596 | 13.4616 |
| December | 13.4608 | 11.9033 | 12.8021 |