2024 BBD to CVE Historical Review

YEARLY HIGH

53.1194 CVE

YEARLY LOW

49.2555 CVE

YEARLY AVERAGE

51.0055 CVE

2024 BBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 53.1194. Conversely, the yearly low was recorded on August 25, dropping to 49.2555.

This high-to-low spread represents a total annual volatility of 3.8639 CVE. From a start-to-finish perspective, comparing the January average rate of 50.5693 to the December average rate of 52.6195, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 53.1194 was up 0.76% compared to the 2023 peak of 52.7202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 265,597 CVE

2023 Average 255,218 CVE

Yearly Trough Low 246,277 CVE

Transaction Impact: A difference of 19,319.53 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

52.9122

49.4000

JanuMarcMayJulySeptNove

BBD 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 51.0351, compared to 50.9760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0591 points.

H1 Avg (Jan–Jun) 51.0351

H2 Avg (Jul–Dec) 50.9760

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.3434 CVE (High: 52.9602 / Low: 50.6168). On the other end, February was the most stable month, with a tight range of 0.6613 CVE (High: 51.5183 / Low: 50.8570).

November Spread (Volatile) ±2.3434

February Spread (Stable) ±0.6613

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 0.6864 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 52.6195) against the same month in 2023 (average: 50.5854), the exchange rate shifted by +2.0341 (+4.02%).

2024 Avg (December) 52.6195

2023 Avg (December) 50.5854

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.9381	49.9140	50.5693
February	51.5183	50.8570	51.1372
March	51.2250	50.3700	50.7769
April	51.9375	50.7596	51.3643
May	51.8125	50.6012	51.0817
June	51.7250	50.6521	51.2813
July	51.5250	50.4361	50.8494
August	51.2750	49.2555	50.1630
September	50.0364	49.3289	49.6927
October	51.1767	49.7432	50.6488
November	52.9602	50.6168	51.8824
December	53.1194	52.0887	52.6195