2024 SVC to CVE Historical Review

YEARLY HIGH

12.1448 CVE

YEARLY LOW

11.2930 CVE

YEARLY AVERAGE

11.6603 CVE

2024 SVC to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 12.1448. Conversely, the yearly low was recorded on September 22, dropping to 11.2930.

This high-to-low spread represents a total annual volatility of 0.8518 CVE. From a start-to-finish perspective, comparing the January average rate of 11.5606 to the December average rate of 12.0309, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.1448 was up 0.66% compared to the 2023 peak of 12.0650, 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 60,724 CVE

2023 Average 58,362 CVE

Yearly Trough Low 56,465 CVE

Transaction Impact: A difference of 4,258.88 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.0984

11.2890

JanuMarcMayJulySeptNove

SVC to CVE 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 11.6682, compared to 11.6525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0157 points.

H1 Avg (Jan–Jun) 11.6682

H2 Avg (Jul–Dec) 11.6525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5411 CVE (High: 12.1079 / Low: 11.5669). On the other end, September was the most stable month, with a tight range of 0.1453 CVE (High: 11.4383 / Low: 11.2930).

November Spread (Volatile) ±0.5411

September Spread (Stable) ±0.1453

Growth Streaks & Declines

Trends

Between September and December, 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 0.1487 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1487

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 12.0309) against the same month in 2023 (average: 11.5504), the exchange rate shifted by +0.4805 (+4.16%).

2024 Avg (December) 12.0309

2023 Avg (December) 11.5504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6460	11.3769	11.5606
February	11.7759	11.5788	11.6865
March	11.7086	11.5167	11.6131
April	11.8709	11.6085	11.7477
May	11.8766	11.5666	11.6797
June	11.8247	11.5652	11.7214
July	11.7768	11.5264	11.6251
August	11.7267	11.3039	11.4764
September	11.4383	11.2930	11.3565
October	11.7004	11.3788	11.5693
November	12.1079	11.5669	11.8568
December	12.1448	11.9025	12.0309