2024 SVC to HKD Historical Review

YEARLY HIGH

0.9002 HKD

YEARLY LOW

0.8836 HKD

YEARLY AVERAGE

0.8919 HKD

2024 SVC to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.9002. Conversely, the yearly low was recorded on November 10, dropping to 0.8836.

This high-to-low spread represents a total annual volatility of 0.0165 HKD. From a start-to-finish perspective, comparing the January average rate of 0.8935 to the December average rate of 0.8887, the exchange rate registered a net change of -0.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9002 was down 1.07% compared to the 2023 peak of 0.9099, 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 4,501 HKD

2023 Average 4,476 HKD

Yearly Trough Low 4,418 HKD

Transaction Impact: A difference of 82.67 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8963

0.8866

JanuMarcMayJulySeptNove

SVC to HKD 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 0.8938, compared to 0.8900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.8938

H2 Avg (Jul–Dec) 0.8900

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0115 HKD (High: 0.9002 / Low: 0.8886). On the other end, July was the most stable month, with a tight range of 0.0034 HKD (High: 0.8953 / Low: 0.8920).

August Spread (Volatile) ±0.0115

July Spread (Stable) ±0.0034

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 September and October, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.8919) against the same month in 2023 (average: 0.8945), the exchange rate shifted by -0.0026 (-0.29%).

2024 Avg (August) 0.8919

2023 Avg (August) 0.8945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8953	0.8901	0.8935
February	0.8964	0.8858	0.8938
March	0.8982	0.8913	0.8947
April	0.8979	0.8926	0.8955
May	0.8964	0.8904	0.8930
June	0.8947	0.8869	0.8926
July	0.8953	0.8920	0.8927
August	0.9002	0.8886	0.8919
September	0.8932	0.8884	0.8903
October	0.8889	0.8840	0.8874
November	0.8936	0.8836	0.8890
December	0.8921	0.8861	0.8887