YEARLY HIGH
6.8287 SVC
YEARLY LOW
6.4086 SVC
YEARLY AVERAGE
6.5487 SVC

2024 BND to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 6.8287. Conversely, the yearly low was recorded on April 20, dropping to 6.4086.

This high-to-low spread represents a total annual volatility of 0.4201 SVC. From a start-to-finish perspective, comparing the January average rate of 6.5532 to the December average rate of 6.4797, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.8287 was up 1.95% compared to the 2023 peak of 6.6981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,144 SVC
2023 Average 32,576 SVC
Yearly Trough Low 32,043 SVC
Transaction Impact: A difference of 2,100.50 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.7808
6.4180
JanuMarcMayJulySeptNove

BND to SVC 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 6.4965, compared to 6.6010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1045 points.

H1 Avg (Jan–Jun) 6.4965
H2 Avg (Jul–Dec) 6.6010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1946 SVC (High: 6.7959 / Low: 6.6012). On the other end, June was the most stable month, with a tight range of 0.0538 SVC (High: 6.5033 / Low: 6.4495).

October Spread (Volatile) ±0.1946
June Spread (Stable) ±0.0538

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 October and November, when the average rate fell by 0.1331 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 6.7506) against the same month in 2023 (average: 6.4214), the exchange rate shifted by +0.3292 (+5.13%).

2024 Avg (September) 6.7506
2023 Avg (September) 6.4214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.6320 6.5105 6.5532
February 6.5664 6.4824 6.5084
March 6.5788 6.4745 6.5235
April 6.5011 6.4086 6.4483
May 6.5084 6.4105 6.4734
June 6.5033 6.4495 6.4720
July 6.5270 6.4398 6.4983
August 6.7269 6.5387 6.6449
September 6.8287 6.6807 6.7506
October 6.7959 6.6012 6.6827
November 6.6495 6.4892 6.5496
December 6.5334 6.4191 6.4797