2024 CNY to SVC Historical Review

YEARLY HIGH

1.2518 SVC

YEARLY LOW

1.1945 SVC

YEARLY AVERAGE

1.2190 SVC

2024 CNY to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.2518. Conversely, the yearly low was recorded on December 22, dropping to 1.1945.

This high-to-low spread represents a total annual volatility of 0.0574 SVC. From a start-to-finish perspective, comparing the January average rate of 1.2304 to the December average rate of 1.2013, the exchange rate registered a net change of -2.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2518 was down 4.12% compared to the 2023 peak of 1.3055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 31,295 SVC

2023 Average 30,929 SVC

Yearly Trough Low 29,861 SVC

Transaction Impact: A difference of 1,433.85 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2407

1.1977

JanuMarcMayJulySeptNove

CNY 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 1.2185, compared to 1.2195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 1.2185

H2 Avg (Jul–Dec) 1.2195

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0368 SVC (High: 1.2393 / Low: 1.2025). On the other end, December was the most stable month, with a tight range of 0.0132 SVC (High: 1.2076 / Low: 1.1945).

June Spread (Volatile) ±0.0368

December Spread (Stable) ±0.0132

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 October and November, when the average rate fell by 0.0205 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1.2351) against the same month in 2023 (average: 1.2020), the exchange rate shifted by +0.0331 (+2.75%).

2024 Avg (October) 1.2351

2023 Avg (October) 1.2020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2396	1.2160	1.2304
February	1.2397	1.2133	1.2227
March	1.2271	1.2051	1.2151
April	1.2332	1.2055	1.2098
May	1.2366	1.2056	1.2206
June	1.2393	1.2025	1.2126
July	1.2258	1.2007	1.2056
August	1.2364	1.2068	1.2233
September	1.2484	1.2271	1.2371
October	1.2518	1.2268	1.2351
November	1.2333	1.2037	1.2146
December	1.2076	1.1945	1.2013