YEARLY HIGH
1.1317 SVC
YEARLY LOW
1.1109 SVC
YEARLY AVERAGE
1.1212 SVC

2024 HKD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 1.1317. Conversely, the yearly low was recorded on August 4, dropping to 1.1109.

This high-to-low spread represents a total annual volatility of 0.0208 SVC. From a start-to-finish perspective, comparing the January average rate of 1.1192 to the December average rate of 1.1253, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1317 was up 0.38% compared to the 2023 peak of 1.1274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,293 SVC
2023 Average 27,928 SVC
Yearly Trough Low 27,773 SVC
Transaction Impact: A difference of 519.66 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1279
1.1156
JanuMarcMayJulySeptNove

HKD 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 1.1188, compared to 1.1236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 1.1188
H2 Avg (Jul–Dec) 1.1236

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0144 SVC (High: 1.1253 / Low: 1.1109). On the other end, July was the most stable month, with a tight range of 0.0042 SVC (High: 1.1211 / Low: 1.1169).

August Spread (Volatile) ±0.0144
July Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between July and October, 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 (November 2024: 1.1249) against the same month in 2023 (average: 1.1195), the exchange rate shifted by +0.0054 (+0.48%).

2024 Avg (November) 1.1249
2023 Avg (November) 1.1195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1235 1.1170 1.1192
February 1.1289 1.1155 1.1189
March 1.1220 1.1133 1.1178
April 1.1204 1.1137 1.1167
May 1.1231 1.1156 1.1198
June 1.1276 1.1176 1.1203
July 1.1211 1.1169 1.1202
August 1.1253 1.1109 1.1212
September 1.1256 1.1196 1.1233
October 1.1312 1.1249 1.1269
November 1.1317 1.1191 1.1249
December 1.1286 1.1209 1.1253