2024 SVC to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SVC to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SVC to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1491.8769. Conversely, the yearly low was recorded on February 4, dropping to 284.5454.
This high-to-low spread represents a total annual volatility of 1207.3315 SYP. From a start-to-finish perspective, comparing the January average rate of 287.1937 to the December average rate of 712.9439, the exchange rate registered a net change of 148.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1491.8769 was up 412.29% compared to the 2023 peak of 291.2195, 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 SYP 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 287.2204, compared to 358.1190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 70.8986 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1205.1611 SYP (High: 1491.8769 / Low: 286.7159). On the other end, July was the most stable month, with a tight range of 1.0921 SYP (High: 287.9693 / Low: 286.8772).
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 0.3114 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 712.9439) against the same month in 2023 (average: 286.8487), the exchange rate shifted by +426.0952 (+148.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 287.9543 | 286.3408 | 287.1937 |
| February | 287.7357 | 284.5454 | 287.0987 |
| March | 288.4339 | 286.3837 | 287.3181 |
| April | 287.9410 | 286.4370 | 287.3247 |
| May | 288.6469 | 286.6881 | 287.2424 |
| June | 287.8230 | 285.2571 | 287.1448 |
| July | 287.9693 | 286.8772 | 287.2048 |
| August | 289.7634 | 286.3508 | 287.4102 |
| September | 287.8757 | 286.6574 | 287.0989 |
| October | 287.3727 | 285.9764 | 286.9590 |
| November | 288.4412 | 285.5353 | 287.0972 |
| December | 1491.8769 | 286.7159 | 712.9439 |