YEARLY HIGH
0.2043 NZD
YEARLY LOW
0.1799 NZD
YEARLY AVERAGE
0.1890 NZD

2024 SVC to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2043. Conversely, the yearly low was recorded on September 24, dropping to 0.1799.

This high-to-low spread represents a total annual volatility of 0.0245 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1851 to the December average rate of 0.1993, the exchange rate registered a net change of 7.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2043 was up 3.55% compared to the 2023 peak of 0.1973, 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 1,022 NZD
2023 Average 931 NZD
Yearly Trough Low 899 NZD
Transaction Impact: A difference of 122.26 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2009
0.1820
JanuMarcMayJulySeptNove

SVC to NZD 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 0.1878, compared to 0.1903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1878
H2 Avg (Jul–Dec) 0.1903

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0120 NZD (High: 0.1939 / Low: 0.1820). On the other end, June was the most stable month, with a tight range of 0.0036 NZD (High: 0.1879 / Low: 0.1844).

August Spread (Volatile) ±0.0120
June Spread (Stable) ±0.0036

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 August and September, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1993) against the same month in 2023 (average: 0.1833), the exchange rate shifted by +0.0160 (+8.71%).

2024 Avg (December) 0.1993
2023 Avg (December) 0.1833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1882 0.1805 0.1851
February 0.1887 0.1843 0.1865
March 0.1918 0.1850 0.1883
April 0.1945 0.1884 0.1921
May 0.1927 0.1858 0.1884
June 0.1879 0.1844 0.1863
July 0.1944 0.1859 0.1895
August 0.1939 0.1820 0.1880
September 0.1864 0.1799 0.1835
October 0.1915 0.1821 0.1880
November 0.1966 0.1898 0.1934
December 0.2043 0.1939 0.1993