YEARLY HIGH
0.9703 TTD
YEARLY LOW
0.9265 TTD
YEARLY AVERAGE
0.9455 TTD

2024 CNY to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.9703. Conversely, the yearly low was recorded on December 22, dropping to 0.9265.

This high-to-low spread represents a total annual volatility of 0.0438 TTD. From a start-to-finish perspective, comparing the January average rate of 0.9542 to the December average rate of 0.9319, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9703 was down 4.24% compared to the 2023 peak of 1.0133, 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 24,257 TTD
2023 Average 23,994 TTD
Yearly Trough Low 23,162 TTD
Transaction Impact: A difference of 1,095.10 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9626
0.9291
JanuMarcMayJulySeptNove

CNY to TTD 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 0.9452, compared to 0.9458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.9452
H2 Avg (Jul–Dec) 0.9458

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0261 TTD (High: 0.9588 / Low: 0.9327). On the other end, December was the most stable month, with a tight range of 0.0101 TTD (High: 0.9366 / Low: 0.9265).

June Spread (Volatile) ±0.0261
December Spread (Stable) ±0.0101

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 0.0159 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.9579) against the same month in 2023 (average: 0.9324), the exchange rate shifted by +0.0255 (+2.73%).

2024 Avg (October) 0.9579
2023 Avg (October) 0.9324

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9615 0.9448 0.9542
February 0.9611 0.9414 0.9485
March 0.9523 0.9360 0.9430
April 0.9542 0.9340 0.9384
May 0.9588 0.9358 0.9468
June 0.9588 0.9327 0.9406
July 0.9512 0.9291 0.9345
August 0.9587 0.9340 0.9490
September 0.9687 0.9501 0.9598
October 0.9703 0.9505 0.9579
November 0.9555 0.9339 0.9420
December 0.9366 0.9265 0.9319