YEARLY HIGH
0.0382 CVE
YEARLY LOW
0.0346 CVE
YEARLY AVERAGE
0.0362 CVE

2024 CDF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0382. Conversely, the yearly low was recorded on September 25, dropping to 0.0346.

This high-to-low spread represents a total annual volatility of 0.0036 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0372 to the December average rate of 0.0369, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0382 was down 25.79% compared to the 2023 peak of 0.0515, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191 CVE
2023 Average 221 CVE
Yearly Trough Low 173 CVE
Transaction Impact: A difference of 18.07 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0374
0.0347
JanuMarcMayJulySeptNove

CDF 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 0.0367, compared to 0.0357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0367
H2 Avg (Jul–Dec) 0.0357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0017 CVE (High: 0.0382 / Low: 0.0365). On the other end, March was the most stable month, with a tight range of 0.0005 CVE (High: 0.0369 / Low: 0.0364).

January Spread (Volatile) ±0.0017
March Spread (Stable) ±0.0005

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0372) against the same month in 2023 (average: 0.0500), the exchange rate shifted by -0.0129 (-25.72%).

2024 Avg (January) 0.0372
2023 Avg (January) 0.0500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0382 0.0365 0.0372
February 0.0374 0.0367 0.0371
March 0.0369 0.0364 0.0366
April 0.0373 0.0361 0.0368
May 0.0372 0.0361 0.0365
June 0.0365 0.0357 0.0362
July 0.0362 0.0354 0.0358
August 0.0359 0.0347 0.0352
September 0.0352 0.0346 0.0349
October 0.0360 0.0349 0.0355
November 0.0370 0.0354 0.0363
December 0.0374 0.0363 0.0369