2024 SVC to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SVC to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SVC to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 329.4791. Conversely, the yearly low was recorded on January 20, dropping to 303.7976.
This high-to-low spread represents a total annual volatility of 25.6815 CDF. From a start-to-finish perspective, comparing the January average rate of 311.1196 to the December average rate of 326.2890, the exchange rate registered a net change of 4.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 329.4791 was up 3.21% compared to the 2023 peak of 319.2273, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SVC to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 317.6319, compared to 325.9527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.3208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 10.5451 CDF (High: 314.3427 / Low: 303.7976). On the other end, March was the most stable month, with a tight range of 3.0330 CDF (High: 319.4957 / Low: 316.4627).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5928 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 326.8818) against the same month in 2023 (average: 290.9925), the exchange rate shifted by +35.8892 (+12.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 314.3427 | 303.7976 | 311.1196 |
| February | 316.6202 | 312.4279 | 314.9533 |
| March | 319.4957 | 316.4627 | 317.2450 |
| April | 322.3797 | 317.8397 | 319.2333 |
| May | 323.0894 | 318.4068 | 319.5929 |
| June | 325.7663 | 319.6955 | 323.6476 |
| July | 328.1118 | 323.1502 | 325.0747 |
| August | 328.7594 | 322.1596 | 325.8908 |
| September | 327.4893 | 323.9778 | 325.4666 |
| October | 328.8429 | 324.2935 | 326.1135 |
| November | 329.4791 | 325.0952 | 326.8818 |
| December | 328.6365 | 325.1220 | 326.2890 |