YEARLY HIGH
408.6028 CDF
YEARLY LOW
373.8318 CDF
YEARLY AVERAGE
392.2560 CDF

2024 CNY to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 408.6028. Conversely, the yearly low was recorded on January 20, dropping to 373.8318.

This high-to-low spread represents a total annual volatility of 34.7710 CDF. From a start-to-finish perspective, comparing the January average rate of 382.7928 to the December average rate of 391.9806, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 408.6028 was up 3.69% compared to the 2023 peak of 394.0780, 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 10,215,069 CDF
2023 Average 8,247,233 CDF
Yearly Trough Low 9,345,794 CDF
Transaction Impact: A difference of 869,274.71 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

404.7651
380.7953
JanuMarcMayJulySeptNove

CNY to CDF 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 387.0180, compared to 397.4940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.4760 points.

H1 Avg (Jan–Jun) 387.0180
H2 Avg (Jul–Dec) 397.4940

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 14.0205 CDF (High: 387.8523 / Low: 373.8318). On the other end, March was the most stable month, with a tight range of 6.5944 CDF (High: 388.7686 / Low: 382.1742).

January Spread (Volatile) ±14.0205
March Spread (Stable) ±6.5944

Growth Streaks & Declines

Trends

Between January and June, 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 October and November, when the average rate fell by 5.7566 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -5.7566

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 402.6368) against the same month in 2023 (average: 340.5741), the exchange rate shifted by +62.0626 (+18.22%).

2024 Avg (September) 402.6368
2023 Avg (September) 340.5741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 387.8523 373.8318 382.7928
February 388.2260 381.4013 385.0851
March 388.7686 382.1742 385.4840
April 393.7551 383.3625 386.1982
May 397.6375 384.8120 390.1011
June 399.1204 388.5676 392.4468
July 397.3021 388.9658 391.8954
August 401.6289 393.9583 398.6723
September 408.6028 398.7070 402.6368
October 407.9335 398.9158 402.7677
November 400.9536 393.9203 397.0111
December 395.3026 388.3539 391.9806