2024 SVC to MXN Historical Review

YEARLY HIGH

2.3848 MXN

YEARLY LOW

1.8711 MXN

YEARLY AVERAGE

2.0939 MXN

2024 SVC to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.3848. Conversely, the yearly low was recorded on April 8, dropping to 1.8711.

This high-to-low spread represents a total annual volatility of 0.5137 MXN. From a start-to-finish perspective, comparing the January average rate of 1.9497 to the December average rate of 2.3154, the exchange rate registered a net change of 18.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3848 was up 7.04% compared to the 2023 peak of 2.2280, 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 11,924 MXN

2023 Average 10,138 MXN

Yearly Trough Low 9,356 MXN

Transaction Impact: A difference of 2,568.65 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3627

1.8771

JanuMarcMayJulySeptNove

SVC to MXN 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 1.9570, compared to 2.2308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2739 points.

H1 Avg (Jan–Jun) 1.9570

H2 Avg (Jul–Dec) 2.2308

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2027 MXN (High: 2.1440 / Low: 1.9413). On the other end, February was the most stable month, with a tight range of 0.0235 MXN (High: 1.9662 / Low: 1.9427).

June Spread (Volatile) ±0.2027

February Spread (Stable) ±0.0235

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 0.0353 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3154) against the same month in 2023 (average: 1.9599), the exchange rate shifted by +0.3555 (+18.14%).

2024 Avg (December) 2.3154

2023 Avg (December) 1.9599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9791	1.9251	1.9497
February	1.9662	1.9427	1.9529
March	1.9507	1.8927	1.9176
April	1.9661	1.8711	1.9225
May	1.9467	1.8901	1.9205
June	2.1440	1.9413	2.0786
July	2.1445	2.0138	2.0695
August	2.2621	2.1318	2.1910
September	2.2958	2.1819	2.2394
October	2.3027	2.1947	2.2474
November	2.3690	2.2642	2.3222
December	2.3848	2.2952	2.3154