YEARLY HIGH
2.2088 NAD
YEARLY LOW
1.9634 NAD
YEARLY AVERAGE
2.0950 NAD

2024 SVC to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.2088. Conversely, the yearly low was recorded on September 29, dropping to 1.9634.

This high-to-low spread represents a total annual volatility of 0.2454 NAD. From a start-to-finish perspective, comparing the January average rate of 2.1473 to the December average rate of 2.0837, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2088 was down 4.54% compared to the 2023 peak of 2.3138, 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 11,044 NAD
2023 Average 10,578 NAD
Yearly Trough Low 9,817 NAD
Transaction Impact: A difference of 1,226.96 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1842
1.9912
JanuMarcMayJulySeptNove

SVC to NAD 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 2.1399, compared to 2.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0898 points.

H1 Avg (Jan–Jun) 2.1399
H2 Avg (Jul–Dec) 2.0501

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1388 NAD (High: 2.1555 / Low: 2.0167). On the other end, October was the most stable month, with a tight range of 0.0495 NAD (High: 2.0272 / Low: 1.9777).

December Spread (Volatile) ±0.1388
October Spread (Stable) ±0.0495

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0582 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.1681) against the same month in 2023 (average: 2.0433), the exchange rate shifted by +0.1248 (+6.11%).

2024 Avg (February) 2.1681
2023 Avg (February) 2.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1919 2.1106 2.1473
February 2.2088 2.1097 2.1681
March 2.1906 2.1239 2.1561
April 2.1960 2.1126 2.1600
May 2.1301 2.0670 2.1018
June 2.1759 2.0482 2.1061
July 2.1100 2.0556 2.0846
August 2.1236 2.0159 2.0629
September 2.0547 1.9634 2.0131
October 2.0272 1.9777 2.0073
November 2.0859 1.9915 2.0488
December 2.1555 2.0167 2.0837