2024 CNY to GBP Historical Review

YEARLY HIGH

0.1138 GBP

YEARLY LOW

0.1059 GBP

YEARLY AVERAGE

0.1090 GBP

2024 CNY to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.1138. Conversely, the yearly low was recorded on July 17, dropping to 0.1059.

This high-to-low spread represents a total annual volatility of 0.0079 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1107 to the December average rate of 0.1087, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1138 was down 7.14% compared to the 2023 peak of 0.1226, 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 2,845 GBP

2023 Average 2,845 GBP

Yearly Trough Low 2,647 GBP

Transaction Impact: A difference of 198.09 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1110

0.1066

JanuMarcMayJulySeptNove

CNY to GBP 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 0.1101, compared to 0.1080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1101

H2 Avg (Jul–Dec) 0.1080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0047 GBP (High: 0.1138 / Low: 0.1091). On the other end, December was the most stable month, with a tight range of 0.0018 GBP (High: 0.1097 / Low: 0.1079).

April Spread (Volatile) ±0.0047

December Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1106) against the same month in 2023 (average: 0.1167), the exchange rate shifted by -0.0061 (-5.21%).

2024 Avg (April) 0.1106

2023 Avg (April) 0.1167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1116	0.1094	0.1107
February	0.1121	0.1095	0.1106
March	0.1105	0.1082	0.1093
April	0.1138	0.1091	0.1106
May	0.1127	0.1081	0.1104
June	0.1109	0.1078	0.1091
July	0.1088	0.1059	0.1071
August	0.1106	0.1059	0.1081
September	0.1077	0.1059	0.1069
October	0.1089	0.1071	0.1081
November	0.1102	0.1077	0.1089
December	0.1097	0.1079	0.1087