YEARLY HIGH
11.7522 SVC
YEARLY LOW
10.7989 SVC
YEARLY AVERAGE
11.1812 SVC

2024 FKP to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 11.7522. Conversely, the yearly low was recorded on April 20, dropping to 10.7989.

This high-to-low spread represents a total annual volatility of 0.9533 SVC. From a start-to-finish perspective, comparing the January average rate of 11.1178 to the December average rate of 11.0519, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.7522 was up 2.33% compared to the 2023 peak of 11.4849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,761 SVC
2023 Average 54,398 SVC
Yearly Trough Low 53,994 SVC
Transaction Impact: A difference of 4,766.52 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.6329
10.8763
JanuMarcMayJulySeptNove

FKP 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 11.0659, compared to 11.2964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2305 points.

H1 Avg (Jan–Jun) 11.0659
H2 Avg (Jul–Dec) 11.2964

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.5072 SVC (High: 11.5954 / Low: 11.0882). On the other end, January was the most stable month, with a tight range of 0.1348 SVC (High: 11.1834 / Low: 11.0486).

August Spread (Volatile) ±0.5072
January Spread (Stable) ±0.1348

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2649 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 11.5699) against the same month in 2023 (average: 10.8365), the exchange rate shifted by +0.7334 (+6.77%).

2024 Avg (September) 11.5699
2023 Avg (September) 10.8365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.1834 11.0486 11.1178
February 11.1449 10.9799 11.0542
March 11.2546 10.9737 11.1126
April 11.0915 10.7989 10.9394
May 11.1816 10.9334 11.0533
June 11.2110 11.0351 11.1184
July 11.3771 11.0648 11.2589
August 11.5954 11.0882 11.3182
September 11.7522 11.4061 11.5699
October 11.6057 11.2792 11.4223
November 11.4151 10.9617 11.1573
December 11.1889 10.9370 11.0519