2024 CNY to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to ALL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 13.6432. Conversely, the yearly low was recorded on August 22, dropping to 12.5441.
This high-to-low spread represents a total annual volatility of 1.0991 ALL. From a start-to-finish perspective, comparing the January average rate of 13.3896 to the December average rate of 12.8873, the exchange rate registered a net change of -3.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 13.6432 was down 16.31% compared to the 2023 peak of 16.3015, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY to ALL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.1747, compared to 12.7582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4164 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was June, with a trading range of 0.4867 ALL (High: 13.2099 / Low: 12.7232). On the other end, September was the most stable month, with a tight range of 0.1245 ALL (High: 12.7050 / Low: 12.5805).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.2227 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 13.4424) against the same month in 2023 (average: 15.7893), the exchange rate shifted by -2.3468 (-14.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.5210 | 13.2503 | 13.3896 |
| February | 13.6432 | 13.2829 | 13.4424 |
| March | 13.3942 | 13.0649 | 13.2198 |
| April | 13.3556 | 12.9565 | 13.0911 |
| May | 13.1979 | 12.7572 | 12.9783 |
| June | 13.2099 | 12.7232 | 12.9267 |
| July | 12.8894 | 12.6262 | 12.7427 |
| August | 12.8890 | 12.5441 | 12.6985 |
| September | 12.7050 | 12.5805 | 12.6468 |
| October | 12.8359 | 12.6471 | 12.7711 |
| November | 13.0069 | 12.6596 | 12.8030 |
| December | 12.9956 | 12.7873 | 12.8873 |