2024 SVC to CNY Historical Review

YEARLY HIGH

0.8372 CNY

YEARLY LOW

0.7988 CNY

YEARLY AVERAGE

0.8204 CNY

2024 SVC to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.8372. Conversely, the yearly low was recorded on October 6, dropping to 0.7988.

This high-to-low spread represents a total annual volatility of 0.0384 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8128 to the December average rate of 0.8324, the exchange rate registered a net change of 2.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8372 was down 0.26% compared to the 2023 peak of 0.8393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,186 CNY

2023 Average 4,044 CNY

Yearly Trough Low 3,994 CNY

Transaction Impact: A difference of 191.79 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8348

0.8060

JanuMarcMayJulySeptNove

SVC to CNY 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 0.8207, compared to 0.8201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.8207

H2 Avg (Jul–Dec) 0.8201

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0247 CNY (High: 0.8316 / Low: 0.8069). On the other end, December was the most stable month, with a tight range of 0.0091 CNY (High: 0.8372 / Low: 0.8281).

June Spread (Volatile) ±0.0247

December Spread (Stable) ±0.0091

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0120 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8324) against the same month in 2023 (average: 0.8127), the exchange rate shifted by +0.0197 (+2.43%).

2024 Avg (December) 0.8324

2023 Avg (December) 0.8127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8224	0.8067	0.8128
February	0.8242	0.8066	0.8179
March	0.8298	0.8149	0.8230
April	0.8295	0.8109	0.8266
May	0.8295	0.8087	0.8193
June	0.8316	0.8069	0.8247
July	0.8328	0.8158	0.8295
August	0.8286	0.8088	0.8175
September	0.8149	0.8010	0.8084
October	0.8151	0.7988	0.8097
November	0.8307	0.8108	0.8234
December	0.8372	0.8281	0.8324