YEARLY HIGH
0.2996 GBP
YEARLY LOW
0.2756 GBP
YEARLY AVERAGE
0.2896 GBP

2024 XCD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.2996. Conversely, the yearly low was recorded on September 24, dropping to 0.2756.

This high-to-low spread represents a total annual volatility of 0.0240 GBP. From a start-to-finish perspective, comparing the January average rate of 0.2912 to the December average rate of 0.2929, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2996 was down 4.23% compared to the 2023 peak of 0.3129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,498 GBP
2023 Average 1,488 GBP
Yearly Trough Low 1,378 GBP
Transaction Impact: A difference of 120.17 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2974
0.2783
JanuMarcMayJulySeptNove

XCD to GBP 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 0.2925, compared to 0.2867 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.2925
H2 Avg (Jul–Dec) 0.2867

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0126 GBP (High: 0.2918 / Low: 0.2792). On the other end, January was the most stable month, with a tight range of 0.0036 GBP (High: 0.2931 / Low: 0.2895).

August Spread (Volatile) ±0.0126
January Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.2958) against the same month in 2023 (average: 0.2973), the exchange rate shifted by -0.0015 (-0.51%).

2024 Avg (April) 0.2958
2023 Avg (April) 0.2973

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2931 0.2895 0.2912
February 0.2952 0.2903 0.2929
March 0.2937 0.2878 0.2912
April 0.2996 0.2919 0.2958
May 0.2962 0.2897 0.2928
June 0.2932 0.2889 0.2912
July 0.2926 0.2844 0.2875
August 0.2918 0.2792 0.2859
September 0.2838 0.2756 0.2799
October 0.2869 0.2788 0.2837
November 0.2953 0.2837 0.2903
December 0.2961 0.2895 0.2929