YEARLY HIGH
0.4434 PEN
YEARLY LOW
0.4195 PEN
YEARLY AVERAGE
0.4290 PEN

2024 SVC to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.4434. Conversely, the yearly low was recorded on March 14, dropping to 0.4195.

This high-to-low spread represents a total annual volatility of 0.0239 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4265 to the December average rate of 0.4266, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4434 was down 0.46% compared to the 2023 peak of 0.4454, 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 2,217 PEN
2023 Average 2,138 PEN
Yearly Trough Low 2,097 PEN
Transaction Impact: A difference of 119.57 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4388
0.4236
JanuMarcMayJulySeptNove

SVC to PEN 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 0.4288, compared to 0.4292 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4288
H2 Avg (Jul–Dec) 0.4292

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0148 PEN (High: 0.4394 / Low: 0.4246). On the other end, August was the most stable month, with a tight range of 0.0047 PEN (High: 0.4288 / Low: 0.4241).

July Spread (Volatile) ±0.0148
August Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0127 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4375) against the same month in 2023 (average: 0.4385), the exchange rate shifted by -0.0010 (-0.24%).

2024 Avg (February) 0.4375
2023 Avg (February) 0.4385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4359 0.4218 0.4265
February 0.4434 0.4312 0.4375
March 0.4328 0.4195 0.4248
April 0.4309 0.4207 0.4249
May 0.4302 0.4218 0.4266
June 0.4381 0.4264 0.4323
July 0.4394 0.4246 0.4302
August 0.4288 0.4241 0.4272
September 0.4362 0.4248 0.4307
October 0.4311 0.4239 0.4284
November 0.4357 0.4281 0.4320
December 0.4294 0.4244 0.4266