YEARLY HIGH
0.0926 GBP
YEARLY LOW
0.0851 GBP
YEARLY AVERAGE
0.0895 GBP

2024 SVC to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0926. Conversely, the yearly low was recorded on September 24, dropping to 0.0851.

This high-to-low spread represents a total annual volatility of 0.0075 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0899 to the December average rate of 0.0905, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0926 was down 4.19% compared to the 2023 peak of 0.0967, 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 463 GBP
2023 Average 460 GBP
Yearly Trough Low 425 GBP
Transaction Impact: A difference of 37.56 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0919
0.0859
JanuMarcMayJulySeptNove

SVC to GBP 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 0.0904, compared to 0.0886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0904
H2 Avg (Jul–Dec) 0.0886

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0039 GBP (High: 0.0902 / Low: 0.0862). On the other end, January was the most stable month, with a tight range of 0.0011 GBP (High: 0.0905 / Low: 0.0894).

August Spread (Volatile) ±0.0039
January Spread (Stable) ±0.0011

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 August and September, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0914) against the same month in 2023 (average: 0.0919), the exchange rate shifted by -0.0005 (-0.55%).

2024 Avg (April) 0.0914
2023 Avg (April) 0.0919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0905 0.0894 0.0899
February 0.0911 0.0897 0.0905
March 0.0911 0.0889 0.0900
April 0.0926 0.0902 0.0914
May 0.0915 0.0894 0.0905
June 0.0906 0.0892 0.0899
July 0.0904 0.0879 0.0888
August 0.0902 0.0862 0.0884
September 0.0877 0.0851 0.0864
October 0.0887 0.0862 0.0876
November 0.0912 0.0876 0.0896
December 0.0914 0.0894 0.0905