YEARLY HIGH
0.2109 XCD
YEARLY LOW
0.1791 XCD
YEARLY AVERAGE
0.1978 XCD

2024 SCR to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2109. Conversely, the yearly low was recorded on December 16, dropping to 0.1791.

This high-to-low spread represents a total annual volatility of 0.0317 XCD. From a start-to-finish perspective, comparing the January average rate of 0.2020 to the December average rate of 0.1916, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2109 was down 0.69% compared to the 2023 peak of 0.2123, 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 1,054 XCD
2023 Average 1,006 XCD
Yearly Trough Low 896 XCD
Transaction Impact: A difference of 158.74 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2030
0.1906
JanuMarcMayJulySeptNove

SCR to XCD 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 0.1990, compared to 0.1965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1990
H2 Avg (Jul–Dec) 0.1965

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0308 XCD (High: 0.2108 / Low: 0.1799). On the other end, May was the most stable month, with a tight range of 0.0061 XCD (High: 0.2014 / Low: 0.1953).

August Spread (Volatile) ±0.0308
May Spread (Stable) ±0.0061

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 November and December, when the average rate fell by 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2010) against the same month in 2023 (average: 0.2057), the exchange rate shifted by -0.0047 (-2.29%).

2024 Avg (September) 0.2010
2023 Avg (September) 0.2057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2069 0.1947 0.2020
February 0.2050 0.1956 0.2008
March 0.2027 0.1898 0.1989
April 0.2015 0.1881 0.1989
May 0.2014 0.1953 0.1979
June 0.1993 0.1841 0.1957
July 0.2001 0.1915 0.1959
August 0.2108 0.1799 0.1969
September 0.2109 0.1936 0.2010
October 0.2067 0.1796 0.1972
November 0.2017 0.1890 0.1966
December 0.2031 0.1791 0.1916