2024 ANG to CVE Historical Review

YEARLY HIGH

58.9654 CVE

YEARLY LOW

54.8270 CVE

YEARLY AVERAGE

56.6098 CVE

2024 ANG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ANG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 58.9654. Conversely, the yearly low was recorded on September 21, dropping to 54.8270.

This high-to-low spread represents a total annual volatility of 4.1385 CVE. From a start-to-finish perspective, comparing the January average rate of 56.1274 to the December average rate of 58.4117, the exchange rate registered a net change of 4.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 58.9654 was up 0.66% compared to the 2023 peak of 58.5777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294,827 CVE

2023 Average 283,337 CVE

Yearly Trough Low 274,135 CVE

Transaction Impact: A difference of 20,692.27 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

58.7393

54.8088

JanuMarcMayJulySeptNove

ANG 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 56.6453, compared to 56.5742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0711 points.

H1 Avg (Jan–Jun) 56.6453

H2 Avg (Jul–Dec) 56.5742

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.6287 CVE (High: 58.7855 / Low: 56.1567). On the other end, September was the most stable month, with a tight range of 0.7116 CVE (High: 55.5386 / Low: 54.8270).

November Spread (Volatile) ±2.6287

September Spread (Stable) ±0.7116

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7295 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 58.4117) against the same month in 2023 (average: 56.0786), the exchange rate shifted by +2.3331 (+4.16%).

2024 Avg (December) 58.4117

2023 Avg (December) 56.0786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.5401	55.2347	56.1274
February	57.1696	56.2146	56.7250
March	56.8479	55.9179	56.3823
April	57.6323	56.3522	57.0236
May	57.6595	56.1599	56.7049
June	57.4107	56.1522	56.9087
July	57.1757	55.9607	56.4462
August	56.9296	54.8797	55.7167
September	55.5386	54.8270	55.1363
October	56.8021	55.2427	56.1692
November	58.7855	56.1567	57.5651
December	58.9654	57.7879	58.4117