2024 SCR to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 932.9758. Conversely, the yearly low was recorded on December 16, dropping to 166.5119.
This high-to-low spread represents a total annual volatility of 766.4639 SYP. From a start-to-finish perspective, comparing the January average rate of 187.7740 to the December average rate of 443.8703, the exchange rate registered a net change of 136.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 932.9758 was up 372.68% compared to the 2023 peak of 197.3805, 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 SYP 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 185.0290, compared to 227.0171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 41.9881 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 766.4639 SYP (High: 932.9758 / Low: 166.5119). On the other end, May was the most stable month, with a tight range of 5.6619 SYP (High: 187.2281 / Low: 181.5662).
Growth Streaks & Declines
TrendsBetween June and September, 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 September and October, when the average rate fell by 3.5038 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 443.8703) against the same month in 2023 (average: 187.0764), the exchange rate shifted by +256.7940 (+137.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 192.3834 | 180.9969 | 187.7740 |
| February | 190.5641 | 181.8144 | 186.7049 |
| March | 188.4658 | 176.4398 | 184.8736 |
| April | 187.3657 | 174.8855 | 184.8926 |
| May | 187.2281 | 181.5662 | 183.9875 |
| June | 185.2833 | 171.1350 | 181.9412 |
| July | 185.9980 | 178.0523 | 182.1400 |
| August | 195.9519 | 167.2917 | 183.0757 |
| September | 196.0275 | 179.9940 | 186.8695 |
| October | 192.1383 | 166.9799 | 183.3658 |
| November | 187.5531 | 175.6963 | 182.7813 |
| December | 932.9758 | 166.5119 | 443.8703 |