YEARLY HIGH
0.6554 SBD
YEARLY LOW
0.5493 SBD
YEARLY AVERAGE
0.6165 SBD

2024 SCR to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.6554. Conversely, the yearly low was recorded on October 14, dropping to 0.5493.

This high-to-low spread represents a total annual volatility of 0.1061 SBD. From a start-to-finish perspective, comparing the January average rate of 0.6293 to the December average rate of 0.5940, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6554 was down 1.04% compared to the 2023 peak of 0.6623, 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 3,277 SBD
2023 Average 3,107 SBD
Yearly Trough Low 2,746 SBD
Transaction Impact: A difference of 530.70 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6329
0.5905
JanuMarcMayJulySeptNove

SCR to SBD 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 0.6231, compared to 0.6099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.6231
H2 Avg (Jul–Dec) 0.6099

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0901 SBD (High: 0.6554 / Low: 0.5653). On the other end, May was the most stable month, with a tight range of 0.0191 SBD (High: 0.6316 / Low: 0.6125).

August Spread (Volatile) ±0.0901
May Spread (Stable) ±0.0191

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0142 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.6178) against the same month in 2023 (average: 0.6258), the exchange rate shifted by -0.0080 (-1.28%).

2024 Avg (August) 0.6178
2023 Avg (August) 0.6258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6449 0.6055 0.6293
February 0.6401 0.6102 0.6282
March 0.6357 0.6068 0.6229
April 0.6320 0.5875 0.6240
May 0.6316 0.6125 0.6213
June 0.6240 0.5759 0.6127
July 0.6247 0.5994 0.6125
August 0.6554 0.5653 0.6178
September 0.6483 0.5948 0.6203
October 0.6384 0.5493 0.6063
November 0.6226 0.5867 0.6082
December 0.6264 0.5556 0.5940