2024 ALL to CNY Historical Review

YEARLY HIGH

0.0797 CNY

YEARLY LOW

0.0733 CNY

YEARLY AVERAGE

0.0772 CNY

2024 ALL to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0797. Conversely, the yearly low was recorded on February 6, dropping to 0.0733.

This high-to-low spread represents a total annual volatility of 0.0064 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0747 to the December average rate of 0.0776, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0797 was down 0.50% compared to the 2023 peak of 0.0801, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ALL based on timing:

Yearly Peak High 399 CNY

2023 Average 353 CNY

Yearly Trough Low 366 CNY

Transaction Impact: A difference of 32.11 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0795

0.0739

JanuMarcMayJulySeptNove

ALL to CNY 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 0.0759, compared to 0.0784 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) 0.0759

H2 Avg (Jul–Dec) 0.0784

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0029 CNY (High: 0.0786 / Low: 0.0757). On the other end, September was the most stable month, with a tight range of 0.0008 CNY (High: 0.0795 / Low: 0.0787).

June Spread (Volatile) ±0.0029

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0008 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0788) against the same month in 2023 (average: 0.0748), the exchange rate shifted by +0.0040 (+5.32%).

2024 Avg (August) 0.0788

2023 Avg (August) 0.0748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0755	0.0740	0.0747
February	0.0753	0.0733	0.0744
March	0.0765	0.0747	0.0756
April	0.0772	0.0749	0.0764
May	0.0784	0.0758	0.0771
June	0.0786	0.0757	0.0774
July	0.0792	0.0776	0.0785
August	0.0797	0.0776	0.0788
September	0.0795	0.0787	0.0791
October	0.0791	0.0779	0.0783
November	0.0790	0.0769	0.0781
December	0.0782	0.0769	0.0776