YEARLY HIGH
13.6432 ALL
YEARLY LOW
12.5441 ALL
YEARLY AVERAGE
12.9665 ALL

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.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 341,080 ALL
2023 Average 355,989 ALL
Yearly Trough Low 313,602 ALL
Transaction Impact: A difference of 27,477.93 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.5220
12.5672
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13.1747
H2 Avg (Jul–Dec) 12.7582

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±0.4867
September Spread (Stable) ±0.1245

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 February and March, when the average rate fell by 0.2227 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2227

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (February) 13.4424
2023 Avg (February) 15.7893

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