YEARLY HIGH
0.0886 SVC
YEARLY LOW
0.0823 SVC
YEARLY AVERAGE
0.0858 SVC

2024 CVE to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 0.0886. Conversely, the yearly low was recorded on December 20, dropping to 0.0823.

This high-to-low spread represents a total annual volatility of 0.0062 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0865 to the December average rate of 0.0831, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0886 was down 0.88% compared to the 2023 peak of 0.0893, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 443 SVC
2023 Average 428 SVC
Yearly Trough Low 412 SVC
Transaction Impact: A difference of 31.05 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0886
0.0826
JanuMarcMayJulySeptNove

CVE 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 0.0857, compared to 0.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0857
H2 Avg (Jul–Dec) 0.0859

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0039 SVC (High: 0.0865 / Low: 0.0826). On the other end, September was the most stable month, with a tight range of 0.0011 SVC (High: 0.0886 / Low: 0.0874).

November Spread (Volatile) ±0.0039
September Spread (Stable) ±0.0011

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 0.0021 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0881) against the same month in 2023 (average: 0.0847), the exchange rate shifted by +0.0033 (+3.95%).

2024 Avg (September) 0.0881
2023 Avg (September) 0.0847

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0879 0.0859 0.0865
February 0.0864 0.0849 0.0856
March 0.0868 0.0854 0.0861
April 0.0861 0.0842 0.0851
May 0.0865 0.0842 0.0856
June 0.0865 0.0846 0.0853
July 0.0868 0.0849 0.0860
August 0.0885 0.0853 0.0871
September 0.0886 0.0874 0.0881
October 0.0879 0.0855 0.0864
November 0.0865 0.0826 0.0844
December 0.0840 0.0823 0.0831