YEARLY HIGH
65.2355 KMF
YEARLY LOW
61.9017 KMF
YEARLY AVERAGE
63.4139 KMF

2024 CNY to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 65.2355. Conversely, the yearly low was recorded on August 25, dropping to 61.9017.

This high-to-low spread represents a total annual volatility of 3.3337 KMF. From a start-to-finish perspective, comparing the January average rate of 63.4758 to the December average rate of 64.5428, the exchange rate registered a net change of 1.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 65.2355 was down 4.57% compared to the 2023 peak of 68.3574, 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 1,630,887 KMF
2023 Average 1,610,723 KMF
Yearly Trough Low 1,547,544 KMF
Transaction Impact: A difference of 83,343.21 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

64.7376
62.3996
JanuMarcMayJulySeptNove

CNY to KMF 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 63.4307, compared to 63.3972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 63.4307
H2 Avg (Jul–Dec) 63.3972

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.4664 KMF (High: 65.2355 / Low: 62.7691). On the other end, September was the most stable month, with a tight range of 0.6578 KMF (High: 63.0706 / Low: 62.4128).

November Spread (Volatile) ±2.4664
September Spread (Stable) ±0.6578

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 February and March, when the average rate fell by 0.7553 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.7553

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 64.2567) against the same month in 2023 (average: 63.3323), the exchange rate shifted by +0.9244 (+1.46%).

2024 Avg (November) 64.2567
2023 Avg (November) 63.3323

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.1676 62.6002 63.4758
February 64.5029 63.0570 63.7153
March 63.5537 62.5921 62.9600
April 65.1450 62.6814 63.4951
May 64.6678 62.6731 63.6051
June 64.4763 62.4362 63.3327
July 63.3230 62.0558 62.5944
August 63.7711 61.9017 62.5964
September 63.0706 62.4128 62.6953
October 63.9996 63.2716 63.6974
November 65.2355 62.7691 64.2567
December 65.2294 64.0964 64.5428