YEARLY HIGH
1.4579 NAD
YEARLY LOW
1.1655 NAD
YEARLY AVERAGE
1.3415 NAD

2024 SCR to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 1.4579. Conversely, the yearly low was recorded on October 14, dropping to 1.1655.

This high-to-low spread represents a total annual volatility of 0.2924 NAD. From a start-to-finish perspective, comparing the January average rate of 1.4040 to the December average rate of 1.2923, the exchange rate registered a net change of -7.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.4579 was down 8.03% compared to the 2023 peak of 1.5851, 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 7,289 NAD
2023 Average 6,889 NAD
Yearly Trough Low 5,827 NAD
Transaction Impact: A difference of 1,461.88 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4227
1.2699
JanuMarcMayJulySeptNove

SCR to NAD 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 1.3787, compared to 1.3043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0744 points.

H1 Avg (Jan–Jun) 1.3787
H2 Avg (Jul–Dec) 1.3043

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1937 NAD (High: 1.3973 / Low: 1.2036). On the other end, May was the most stable month, with a tight range of 0.0679 NAD (High: 1.3845 / Low: 1.3167).

August Spread (Volatile) ±0.1937
May Spread (Stable) ±0.0679

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 April and May, when the average rate fell by 0.0436 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0436

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.4040) against the same month in 2023 (average: 1.2617), the exchange rate shifted by +0.1423 (+11.28%).

2024 Avg (January) 1.4040
2023 Avg (January) 1.2617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4579 1.3467 1.4040
February 1.4553 1.3620 1.4100
March 1.4231 1.3073 1.3873
April 1.4168 1.3337 1.3899
May 1.3845 1.3167 1.3463
June 1.3917 1.2181 1.3347
July 1.3668 1.2817 1.3220
August 1.3973 1.2036 1.3140
September 1.3524 1.2396 1.3102
October 1.3446 1.1655 1.2826
November 1.3452 1.2450 1.3044
December 1.3660 1.1864 1.2923