YEARLY HIGH
0.9999 SBD
YEARLY LOW
0.9423 SBD
YEARLY AVERAGE
0.9628 SBD

2024 SVC to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.9999. Conversely, the yearly low was recorded on October 6, dropping to 0.9423.

This high-to-low spread represents a total annual volatility of 0.0576 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9625 to the December average rate of 0.9579, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9999 was up 2.68% compared to the 2023 peak of 0.9738, 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 5,000 SBD
2023 Average 4,771 SBD
Yearly Trough Low 4,711 SBD
Transaction Impact: A difference of 288.19 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9722
0.9467
JanuMarcMayJulySeptNove

SVC to SBD 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 0.9672, compared to 0.9585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.9672
H2 Avg (Jul–Dec) 0.9585

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0398 SBD (High: 0.9999 / Low: 0.9602). On the other end, May was the most stable month, with a tight range of 0.0062 SBD (High: 0.9737 / Low: 0.9676).

March Spread (Volatile) ±0.0398
May Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0169 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.9681) against the same month in 2023 (average: 0.9419), the exchange rate shifted by +0.0262 (+2.78%).

2024 Avg (March) 0.9681
2023 Avg (March) 0.9419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9672 0.9546 0.9625
February 0.9728 0.9542 0.9659
March 0.9999 0.9602 0.9681
April 0.9781 0.9645 0.9696
May 0.9737 0.9676 0.9701
June 0.9709 0.9631 0.9671
July 0.9691 0.9602 0.9659
August 0.9792 0.9607 0.9699
September 0.9687 0.9479 0.9530
October 0.9543 0.9423 0.9488
November 0.9624 0.9479 0.9553
December 0.9619 0.9529 0.9579