YEARLY HIGH
1.1351 CVE
YEARLY LOW
1.0562 CVE
YEARLY AVERAGE
1.0965 CVE

2024 ALL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 1.1351. Conversely, the yearly low was recorded on January 7, dropping to 1.0562.

This high-to-low spread represents a total annual volatility of 0.0790 CVE. From a start-to-finish perspective, comparing the January average rate of 1.0623 to the December average rate of 1.1215, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1351 was up 3.44% compared to the 2023 peak of 1.0974, 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 5,676 CVE
2023 Average 5,086 CVE
Yearly Trough Low 5,281 CVE
Transaction Impact: A difference of 394.82 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.1309
1.0561
JanuMarcMayJulySeptNove

ALL to CVE 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 1.0794, compared to 1.1135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0341 points.

H1 Avg (Jan–Jun) 1.0794
H2 Avg (Jul–Dec) 1.1135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0305 CVE (High: 1.1351 / Low: 1.1046). On the other end, December was the most stable month, with a tight range of 0.0087 CVE (High: 1.1250 / Low: 1.1162).

November Spread (Volatile) ±0.0305
December Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0032 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.1247) against the same month in 2023 (average: 1.0645), the exchange rate shifted by +0.0602 (+5.66%).

2024 Avg (November) 1.1247
2023 Avg (November) 1.0645

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0686 1.0562 1.0623
February 1.0686 1.0584 1.0630
March 1.0754 1.0603 1.0674
April 1.0984 1.0717 1.0856
May 1.1103 1.0931 1.0985
June 1.1052 1.0947 1.0995
July 1.1076 1.0963 1.0998
August 1.1183 1.1006 1.1056
September 1.1191 1.1049 1.1109
October 1.1241 1.1142 1.1188
November 1.1351 1.1046 1.1247
December 1.1250 1.1162 1.1215