YEARLY HIGH
59.0215 CVE
YEARLY LOW
54.7283 CVE
YEARLY AVERAGE
56.6426 CVE

2024 AWG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 59.0215. Conversely, the yearly low was recorded on August 25, dropping to 54.7283.

This high-to-low spread represents a total annual volatility of 4.2932 CVE. From a start-to-finish perspective, comparing the January average rate of 56.1467 to the December average rate of 58.4588, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.0215 was up 0.90% compared to the 2023 peak of 58.4967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,108 CVE
2023 Average 283,451 CVE
Yearly Trough Low 273,642 CVE
Transaction Impact: A difference of 21,466.14 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

58.7866
54.8531
JanuMarcMayJulySeptNove

AWG 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 56.6679, compared to 56.6173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0506 points.

H1 Avg (Jan–Jun) 56.6679
H2 Avg (Jul–Dec) 56.6173

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.5453 CVE (High: 58.7631 / Low: 56.2178). On the other end, September was the most stable month, with a tight range of 0.7861 CVE (High: 55.5960 / Low: 54.8099).

November Spread (Volatile) ±2.5453
September Spread (Stable) ±0.7861

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 0.7555 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7555

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 58.4588) against the same month in 2023 (average: 56.1708), the exchange rate shifted by +2.2881 (+4.07%).

2024 Avg (December) 58.4588
2023 Avg (December) 56.1708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 56.5979 55.4600 56.1467
February 57.2426 56.4517 56.7865
March 56.9167 55.8891 56.3718
April 57.7083 56.3213 57.0445
May 57.4896 56.1455 56.7169
June 57.4722 56.2801 56.9410
July 57.1706 55.9750 56.4697
August 56.9722 54.7283 55.7142
September 55.5960 54.8099 55.1809
October 56.8120 55.2538 56.2518
November 58.7631 56.2178 57.6281
December 59.0215 57.8763 58.4588