2024 CNY to CVE Historical Review

YEARLY HIGH

14.6238 CVE

YEARLY LOW

13.8261 CVE

YEARLY AVERAGE

14.2123 CVE

2024 CNY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 14.6238. Conversely, the yearly low was recorded on August 25, dropping to 13.8261.

This high-to-low spread represents a total annual volatility of 0.7977 CVE. From a start-to-finish perspective, comparing the January average rate of 14.2238 to the December average rate of 14.4528, the exchange rate registered a net change of 1.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.6238 was down 4.60% compared to the 2023 peak of 15.3292, 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 365,596 CVE

2023 Average 360,996 CVE

Yearly Trough Low 345,653 CVE

Transaction Impact: A difference of 19,943.49 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.4966

13.9708

JanuMarcMayJulySeptNove

CNY 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 14.2175, compared to 14.2071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0103 points.

H1 Avg (Jan–Jun) 14.2175

H2 Avg (Jul–Dec) 14.2071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.5281 CVE (High: 14.5681 / Low: 14.0400). On the other end, September was the most stable month, with a tight range of 0.1647 CVE (High: 14.1549 / Low: 13.9903).

April Spread (Volatile) ±0.5281

September Spread (Stable) ±0.1647

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 June and July, when the average rate fell by 0.1983 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 14.3994) against the same month in 2023 (average: 14.1909), the exchange rate shifted by +0.2085 (+1.47%).

2024 Avg (November) 14.3994

2023 Avg (November) 14.1909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3564	14.0542	14.2238
February	14.4720	14.1301	14.2891
March	14.2226	14.0130	14.1109
April	14.5681	14.0400	14.2119
May	14.5184	14.0107	14.2562
June	14.4836	14.0204	14.2129
July	14.1788	13.8944	14.0147
August	14.3242	13.8261	14.0390
September	14.1549	13.9903	14.0488
October	14.3628	14.1489	14.2882
November	14.6238	14.1197	14.3994
December	14.5604	14.3292	14.4528