2024 SVC to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SVC to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SVC to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 2569.7010. Conversely, the yearly low was recorded on February 4, dropping to 2523.4262.
This high-to-low spread represents a total annual volatility of 46.2748 STD. From a start-to-finish perspective, comparing the January average rate of 2546.9121 to the December average rate of 2547.2569, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2569.7010 was down 2.86% compared to the 2023 peak of 2645.4577, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SVC based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SVC to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 2547.1486, compared to 2546.6761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4724 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 30.2642 STD (High: 2569.7010 / Low: 2539.4367). On the other end, July was the most stable month, with a tight range of 9.6848 STD (High: 2553.7903 / Low: 2544.1055).
Growth Streaks & Declines
TrendsBetween February and April, 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 August and September, when the average rate fell by 2.7614 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 2548.8323) against the same month in 2023 (average: 2546.5887), the exchange rate shifted by +2.2436 (+0.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2553.6574 | 2539.3482 | 2546.9121 |
| February | 2551.7182 | 2523.4262 | 2546.0690 |
| March | 2557.9102 | 2539.7282 | 2548.0152 |
| April | 2553.5389 | 2540.2010 | 2548.0733 |
| May | 2559.7992 | 2542.4285 | 2547.3436 |
| June | 2552.4931 | 2529.7373 | 2546.4782 |
| July | 2553.7903 | 2544.1055 | 2547.0103 |
| August | 2569.7010 | 2539.4367 | 2548.8323 |
| September | 2552.9605 | 2542.1561 | 2546.0709 |
| October | 2548.4996 | 2536.1162 | 2544.8308 |
| November | 2557.9748 | 2532.2052 | 2546.0557 |
| December | 2556.6608 | 2542.6742 | 2547.2569 |