YEARLY HIGH
0.0579 XDR
YEARLY LOW
0.0497 XDR
YEARLY AVERAGE
0.0551 XDR

2024 SCR to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0579. Conversely, the yearly low was recorded on October 14, dropping to 0.0497.

This high-to-low spread represents a total annual volatility of 0.0083 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0560 to the December average rate of 0.0541, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0579 was down 3.20% compared to the 2023 peak of 0.0598, 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 290 XDR
2023 Average 279 XDR
Yearly Trough Low 248 XDR
Transaction Impact: A difference of 41.29 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0562
0.0539
JanuMarcMayJulySeptNove

SCR to XDR 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 0.0555, compared to 0.0547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0555
H2 Avg (Jul–Dec) 0.0547

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0082 XDR (High: 0.0579 / Low: 0.0497). On the other end, May was the most stable month, with a tight range of 0.0017 XDR (High: 0.0564 / Low: 0.0547).

August Spread (Volatile) ±0.0082
May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0545) against the same month in 2023 (average: 0.0560), the exchange rate shifted by -0.0015 (-2.65%).

2024 Avg (August) 0.0545
2023 Avg (August) 0.0560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0573 0.0537 0.0560
February 0.0572 0.0546 0.0560
March 0.0563 0.0526 0.0553
April 0.0563 0.0527 0.0557
May 0.0564 0.0547 0.0554
June 0.0559 0.0516 0.0549
July 0.0563 0.0534 0.0548
August 0.0579 0.0497 0.0545
September 0.0577 0.0530 0.0551
October 0.0571 0.0497 0.0545
November 0.0567 0.0532 0.0550
December 0.0572 0.0502 0.0541