YEARLY HIGH
3178.5735 STD
YEARLY LOW
3052.6777 STD
YEARLY AVERAGE
3104.6880 STD

2024 CNY to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 3178.5735. Conversely, the yearly low was recorded on December 30, dropping to 3052.6777.

This high-to-low spread represents a total annual volatility of 125.8957 STD. From a start-to-finish perspective, comparing the January average rate of 3133.6379 to the December average rate of 3060.0665, 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 3178.5735 was down 6.65% compared to the 2023 peak of 3405.0919, 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 79,464,337 STD
2023 Average 79,905,472 STD
Yearly Trough Low 76,316,943 STD
Transaction Impact: A difference of 3,147,393.48 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3158.7007
3051.0997
JanuMarcMayJulySeptNove

CNY to STD 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 3103.7517, compared to 3105.6244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8727 points.

H1 Avg (Jan–Jun) 3103.7517
H2 Avg (Jul–Dec) 3105.6244

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 74.2089 STD (High: 3150.5734 / Low: 3076.3644). On the other end, December was the most stable month, with a tight range of 24.1965 STD (High: 3076.8742 / Low: 3052.6777).

May Spread (Volatile) ±74.2089
December Spread (Stable) ±24.1965

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 50.6644 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -50.6644

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3149.7340) against the same month in 2023 (average: 3055.3393), the exchange rate shifted by +94.3947 (+3.09%).

2024 Avg (September) 3149.7340
2023 Avg (September) 3055.3393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3147.7693 3097.4047 3133.6379
February 3137.8397 3095.3823 3113.0250
March 3124.0549 3082.2371 3096.0953
April 3142.0433 3075.2181 3082.5693
May 3150.5734 3076.3644 3109.3107
June 3139.6525 3065.6559 3087.8720
July 3121.2249 3062.5799 3070.5640
August 3141.3345 3075.9822 3118.0715
September 3178.5735 3128.6753 3149.7340
October 3174.7239 3124.5951 3142.9873
November 3138.8122 3074.5391 3092.3229
December 3076.8742 3052.6777 3060.0665