YEARLY HIGH
128.3880 KPW
YEARLY LOW
123.3029 KPW
YEARLY AVERAGE
125.4037 KPW

2024 CNY to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 128.3880. Conversely, the yearly low was recorded on December 30, dropping to 123.3029.

This high-to-low spread represents a total annual volatility of 5.0851 KPW. From a start-to-finish perspective, comparing the January average rate of 126.5730 to the December average rate of 123.6013, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 128.3880 was down 4.38% compared to the 2023 peak of 134.2702, 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 3,209,700 KPW
2023 Average 3,182,680 KPW
Yearly Trough Low 3,082,572 KPW
Transaction Impact: A difference of 127,128.60 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

127.5853
123.2391
JanuMarcMayJulySeptNove

CNY to KPW 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 125.3658, compared to 125.4415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0756 points.

H1 Avg (Jan–Jun) 125.3658
H2 Avg (Jul–Dec) 125.4415

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 2.9974 KPW (High: 127.2570 / Low: 124.2596). On the other end, December was the most stable month, with a tight range of 0.9773 KPW (High: 124.2802 / Low: 123.3029).

May Spread (Volatile) ±2.9974
December Spread (Stable) ±0.9773

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 2.0464 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 127.2231) against the same month in 2023 (average: 123.4104), the exchange rate shifted by +3.8128 (+3.09%).

2024 Avg (September) 127.2231
2023 Avg (September) 123.4104

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 127.1438 125.1095 126.5730
February 126.7427 125.0278 125.7404
March 126.1859 124.4968 125.0566
April 126.9125 124.2133 124.5102
May 127.2570 124.2596 125.5904
June 126.8159 123.8271 124.7244
July 126.0716 123.7028 124.0253
August 126.8839 124.2442 125.9442
September 128.3880 126.3725 127.2231
October 128.2325 126.2077 126.9506
November 126.7820 124.1859 124.9042
December 124.2802 123.3029 123.6013