2024 BZD to CVE Historical Review

YEARLY HIGH

52.8653 CVE

YEARLY LOW

49.0205 CVE

YEARLY AVERAGE

50.6226 CVE

2024 BZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 52.8653. Conversely, the yearly low was recorded on September 30, dropping to 49.0205.

This high-to-low spread represents a total annual volatility of 3.8448 CVE. From a start-to-finish perspective, comparing the January average rate of 50.1836 to the December average rate of 52.3022, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 52.8653 was up 0.94% compared to the 2023 peak of 52.3722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 264,327 CVE

2023 Average 253,365 CVE

Yearly Trough Low 245,103 CVE

Transaction Impact: A difference of 19,224.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

52.6027

48.9973

JanuMarcMayJulySeptNove

BZD 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 50.6492, compared to 50.5961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0531 points.

H1 Avg (Jan–Jun) 50.6492

H2 Avg (Jul–Dec) 50.5961

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.3504 CVE (High: 52.5617 / Low: 50.2113). On the other end, September was the most stable month, with a tight range of 0.6357 CVE (High: 49.6562 / Low: 49.0205).

November Spread (Volatile) ±2.3504

September Spread (Stable) ±0.6357

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 0.6541 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6541

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 52.3022) against the same month in 2023 (average: 50.1396), the exchange rate shifted by +2.1627 (+4.31%).

2024 Avg (December) 52.3022

2023 Avg (December) 50.1396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	50.5545	49.3864	50.1836
February	51.1159	50.2621	50.7305
March	50.8269	49.9941	50.4114
April	51.5285	50.3840	50.9849
May	51.5541	50.2116	50.7047
June	51.3319	50.2065	50.8802
July	51.1219	50.0322	50.4704
August	50.9025	49.0685	49.8163
September	49.6562	49.0205	49.2978
October	50.7887	49.3982	50.2218
November	52.5617	50.2113	51.4678
December	52.8653	51.6681	52.3022