YEARLY HIGH
992.2122 GNF
YEARLY LOW
979.2636 GNF
YEARLY AVERAGE
984.3683 GNF

2024 SVC to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 992.2122. Conversely, the yearly low was recorded on April 29, dropping to 979.2636.

This high-to-low spread represents a total annual volatility of 12.9486 GNF. From a start-to-finish perspective, comparing the January average rate of 982.4521 to the December average rate of 986.6561, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 992.2122 was down 1.39% compared to the 2023 peak of 1006.1961, 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 4,961,061 GNF
2023 Average 4,927,135 GNF
Yearly Trough Low 4,896,318 GNF
Transaction Impact: A difference of 64,743.00 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

987.8180
981.9351
JanuMarcMayJulySeptNove

SVC to GNF 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 982.7191, compared to 986.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2984 points.

H1 Avg (Jan–Jun) 982.7191
H2 Avg (Jul–Dec) 986.0176

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 9.8735 GNF (High: 989.3066 / Low: 979.4331). On the other end, May was the most stable month, with a tight range of 1.2946 GNF (High: 983.3553 / Low: 982.0607).

February Spread (Volatile) ±9.8735
May Spread (Stable) ±1.2946

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8054 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 986.5224) against the same month in 2023 (average: 983.6393), the exchange rate shifted by +2.8831 (+0.29%).

2024 Avg (October) 986.5224
2023 Avg (October) 983.6393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 986.0110 980.3619 982.4521
February 989.3066 979.4331 982.9746
March 987.2227 981.9483 982.6735
April 985.0398 979.2636 982.4367
May 983.3553 982.0607 982.4253
June 985.0413 982.3856 983.3526
July 987.9932 980.9875 984.0700
August 987.0137 984.9311 985.7704
September 988.6149 985.5733 987.3278
October 992.2122 985.5980 986.5224
November 990.1872 984.2873 985.7587
December 987.8677 984.8475 986.6561