YEARLY HIGH
119.5157 CVE
YEARLY LOW
110.8883 CVE
YEARLY AVERAGE
115.8753 CVE

2024 CHF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CHF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 119.5157. Conversely, the yearly low was recorded on May 25, dropping to 110.8883.

This high-to-low spread represents a total annual volatility of 8.6275 CVE. From a start-to-finish perspective, comparing the January average rate of 117.8564 to the December average rate of 117.9904, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 119.5157 was up 0.25% compared to the 2023 peak of 119.2147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 597,579 CVE
2023 Average 568,313 CVE
Yearly Trough Low 554,441 CVE
Transaction Impact: A difference of 43,137.43 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

118.5507
111.8281
JanuMarcMayJulySeptNove

CHF 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 114.7837, compared to 116.9669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1832 points.

H1 Avg (Jan–Jun) 114.7837
H2 Avg (Jul–Dec) 116.9669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 4.3530 CVE (High: 119.5157 / Low: 115.1627). On the other end, October was the most stable month, with a tight range of 1.2964 CVE (High: 118.1612 / Low: 116.8648).

August Spread (Volatile) ±4.3530
October Spread (Stable) ±1.2964

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.3675 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.3675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 116.9981) against the same month in 2023 (average: 115.0749), the exchange rate shifted by +1.9232 (+1.67%).

2024 Avg (August) 116.9981
2023 Avg (August) 115.0749

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 119.3951 116.5179 117.8564
February 119.0479 115.2790 116.6338
March 115.6135 112.5799 114.2663
April 114.0857 111.3305 112.8771
May 114.5147 110.8883 112.3883
June 116.5105 112.5001 114.6802
July 116.1401 112.6635 114.0446
August 119.5157 115.1627 116.9981
September 118.3410 115.9252 117.3363
October 118.1612 116.8648 117.6022
November 119.1726 115.7332 117.8297
December 119.2289 116.4885 117.9904