2024 ARS to CVE Historical Review

YEARLY HIGH

0.1250 CVE

YEARLY LOW

0.1020 CVE

YEARLY AVERAGE

0.1120 CVE

2024 ARS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1250. Conversely, the yearly low was recorded on November 5, dropping to 0.1020.

This high-to-low spread represents a total annual volatility of 0.0230 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1237 to the December average rate of 0.1032, the exchange rate registered a net change of -16.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1250 was down 78.67% compared to the 2023 peak of 0.5860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 625 CVE

2023 Average 1,951 CVE

Yearly Trough Low 510 CVE

Transaction Impact: A difference of 115.24 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1257

0.1011

JanuMarcMayJulySeptNove

ARS 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 0.1188, compared to 0.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.1188

H2 Avg (Jul–Dec) 0.1052

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0058 CVE (High: 0.1099 / Low: 0.1042). On the other end, October was the most stable month, with a tight range of 0.0015 CVE (High: 0.1041 / Low: 0.1026).

August Spread (Volatile) ±0.0058

October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0036 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1237) against the same month in 2023 (average: 0.5632), the exchange rate shifted by -0.4395 (-78.04%).

2024 Avg (January) 0.1237

2023 Avg (January) 0.5632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1250	0.1230	0.1237
February	0.1240	0.1209	0.1226
March	0.1214	0.1183	0.1194
April	0.1197	0.1172	0.1184
May	0.1184	0.1136	0.1154
June	0.1145	0.1122	0.1135
July	0.1128	0.1091	0.1103
August	0.1099	0.1042	0.1067
September	0.1049	0.1020	0.1035
October	0.1041	0.1026	0.1034
November	0.1061	0.1020	0.1038
December	0.1040	0.1023	0.1032