2024 CNY to NAD Historical Review

YEARLY HIGH

2.6985 NAD

YEARLY LOW

2.4296 NAD

YEARLY AVERAGE

2.5535 NAD

2024 CNY to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 2.6985. Conversely, the yearly low was recorded on December 12, dropping to 2.4296.

This high-to-low spread represents a total annual volatility of 0.2690 NAD. From a start-to-finish perspective, comparing the January average rate of 2.6420 to the December average rate of 2.5031, the exchange rate registered a net change of -5.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6985 was down 3.25% compared to the 2023 peak of 2.7890, 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 67,463 NAD

2023 Average 65,389 NAD

Yearly Trough Low 60,739 NAD

Transaction Impact: A difference of 6,723.93 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6680

2.4619

JanuMarcMayJulySeptNove

CNY to NAD 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 2.6076, compared to 2.4995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1080 points.

H1 Avg (Jan–Jun) 2.6076

H2 Avg (Jul–Dec) 2.4995

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.2118 NAD (High: 2.6751 / Low: 2.4633). On the other end, October was the most stable month, with a tight range of 0.0385 NAD (High: 2.4977 / Low: 2.4592).

June Spread (Volatile) ±0.2118

October Spread (Stable) ±0.0385

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0477 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.6131) against the same month in 2023 (average: 2.6394), the exchange rate shifted by -0.0262 (-0.99%).

2024 Avg (April) 2.6131

2023 Avg (April) 2.6394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6923	2.6017	2.6420
February	2.6891	2.5862	2.6509
March	2.6712	2.5850	2.6198
April	2.6985	2.5582	2.6131
May	2.6130	2.5196	2.5654
June	2.6751	2.4633	2.5541
July	2.5531	2.4756	2.5130
August	2.6079	2.4869	2.5236
September	2.5239	2.4482	2.4903
October	2.4977	2.4592	2.4791
November	2.5241	2.4462	2.4882
December	2.5846	2.4296	2.5031