2024 AZN to CVE Historical Review

YEARLY HIGH

62.4934 CVE

YEARLY LOW

57.9476 CVE

YEARLY AVERAGE

60.0029 CVE

2024 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 62.4934. Conversely, the yearly low was recorded on August 25, dropping to 57.9476.

This high-to-low spread represents a total annual volatility of 4.5458 CVE. From a start-to-finish perspective, comparing the January average rate of 59.4812 to the December average rate of 61.9053, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 62.4934 was up 0.76% compared to the 2023 peak of 62.0237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 312,467 CVE

2023 Average 300,240 CVE

Yearly Trough Low 289,738 CVE

Transaction Impact: A difference of 22,728.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

62.2496

58.1177

JanuMarcMayJulySeptNove

AZN 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 60.0340, compared to 59.9717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0623 points.

H1 Avg (Jan–Jun) 60.0340

H2 Avg (Jul–Dec) 59.9717

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.7570 CVE (High: 62.3062 / Low: 59.5492). On the other end, February was the most stable month, with a tight range of 0.7780 CVE (High: 60.6098 / Low: 59.8318).

November Spread (Volatile) ±2.7570

February Spread (Stable) ±0.7780

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 0.8075 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 61.9053) against the same month in 2023 (average: 59.5122), the exchange rate shifted by +2.3931 (+4.02%).

2024 Avg (December) 61.9053

2023 Avg (December) 59.5122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.9272	58.7223	59.4812
February	60.6098	59.8318	60.1614
March	60.2647	59.2588	59.7187
April	61.1029	59.7171	60.4157
May	60.9559	59.5308	60.0962
June	60.8529	59.5907	60.3309
July	60.6176	59.3366	59.8229
August	60.3235	57.9476	59.0153
September	58.8664	58.0340	58.4620
October	60.2079	58.5214	59.5868
November	62.3062	59.5492	61.0382
December	62.4934	61.2808	61.9053