2024 CAD to SVC Historical Review

YEARLY HIGH

6.6252 SVC

YEARLY LOW

6.0506 SVC

YEARLY AVERAGE

6.3860 SVC

2024 CAD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 6.6252. Conversely, the yearly low was recorded on December 18, dropping to 6.0506.

This high-to-low spread represents a total annual volatility of 0.5746 SVC. From a start-to-finish perspective, comparing the January average rate of 6.5201 to the December average rate of 6.1340, the exchange rate registered a net change of -5.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.6252 was down 0.69% compared to the 2023 peak of 6.6714, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,126 SVC

2023 Average 32,396 SVC

Yearly Trough Low 30,253 SVC

Transaction Impact: A difference of 2,872.83 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.5588

6.0954

JanuMarcMayJulySeptNove

CAD 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 6.4400, compared to 6.3319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1080 points.

H1 Avg (Jan–Jun) 6.4400

H2 Avg (Jul–Dec) 6.3319

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2590 SVC (High: 6.5050 / Low: 6.2460). On the other end, May was the most stable month, with a tight range of 0.0627 SVC (High: 6.4342 / Low: 6.3715).

August Spread (Volatile) ±0.2590

May Spread (Stable) ±0.0627

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1248 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 6.5201) against the same month in 2023 (average: 6.5204), the exchange rate shifted by -0.0003 (-0.00%).

2024 Avg (January) 6.5201

2023 Avg (January) 6.5204

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6252	6.4677	6.5201
February	6.5549	6.4311	6.4852
March	6.4966	6.3931	6.4581
April	6.4658	6.3278	6.3922
May	6.4342	6.3715	6.3999
June	6.4203	6.3471	6.3842
July	6.4282	6.3160	6.3786
August	6.5050	6.2460	6.3971
September	6.5218	6.4311	6.4595
October	6.4790	6.2757	6.3635
November	6.3261	6.2084	6.2588
December	6.2454	6.0506	6.1340