YEARLY HIGH
2.8143 SRD
YEARLY LOW
1.9205 SRD
YEARLY AVERAGE
2.4264 SRD

2024 SCR to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 2.8143. Conversely, the yearly low was recorded on August 4, dropping to 1.9205.

This high-to-low spread represents a total annual volatility of 0.8938 SRD. From a start-to-finish perspective, comparing the January average rate of 2.7419 to the December average rate of 2.4967, the exchange rate registered a net change of -8.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.8143 was down 6.27% compared to the 2023 peak of 3.0026, 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 14,071 SRD
2023 Average 13,633 SRD
Yearly Trough Low 9,602 SRD
Transaction Impact: A difference of 4,469.12 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8063
2.0339
JanuMarcMayJulySeptNove

SCR to SRD 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 2.5379, compared to 2.3150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2229 points.

H1 Avg (Jan–Jun) 2.5379
H2 Avg (Jul–Dec) 2.3150

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.4442 SRD (High: 2.5766 / Low: 2.1324). On the other end, May was the most stable month, with a tight range of 0.1424 SRD (High: 2.4707 / Low: 2.3283).

October Spread (Volatile) ±0.4442
May Spread (Stable) ±0.1424

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.1588 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1588

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.7419) against the same month in 2023 (average: 2.3503), the exchange rate shifted by +0.3917 (+16.66%).

2024 Avg (January) 2.7419
2023 Avg (January) 2.3503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8143 2.6543 2.7419
February 2.7605 2.5874 2.6866
March 2.6433 2.4794 2.5922
April 2.5990 2.4033 2.5473
May 2.4707 2.3283 2.3885
June 2.3562 2.0977 2.2707
July 2.2586 2.1025 2.1523
August 2.2484 1.9205 2.0983
September 2.3600 2.1055 2.2096
October 2.5766 2.1324 2.3733
November 2.6312 2.4340 2.5598
December 2.6610 2.3331 2.4967