YEARLY HIGH
932.9758 SYP
YEARLY LOW
166.5119 SYP
YEARLY AVERAGE
206.0230 SYP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 4,664,879 SYP
2023 Average 935,288 SYP
Yearly Trough Low 832,560 SYP
Transaction Impact: A difference of 3,832,319.38 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

470.0632
155.7483
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 185.0290
H2 Avg (Jul–Dec) 227.0171

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±766.4639
May Spread (Stable) ±5.6619

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.5038

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (December) 443.8703
2023 Avg (December) 187.0764

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