YEARLY HIGH
0.3855 XCD
YEARLY LOW
0.3703 XCD
YEARLY AVERAGE
0.3766 XCD

2024 CNY to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.3855. Conversely, the yearly low was recorded on December 30, dropping to 0.3703.

This high-to-low spread represents a total annual volatility of 0.0153 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3801 to the December average rate of 0.3712, 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 0.3855 was down 4.38% compared to the 2023 peak of 0.4032, 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 9,638 XCD
2023 Average 9,557 XCD
Yearly Trough Low 9,256 XCD
Transaction Impact: A difference of 381.75 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3831
0.3701
JanuMarcMayJulySeptNove

CNY to XCD 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 0.3765, compared to 0.3767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.3765
H2 Avg (Jul–Dec) 0.3767

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0090 XCD (High: 0.3821 / Low: 0.3731). On the other end, December was the most stable month, with a tight range of 0.0029 XCD (High: 0.3732 / Low: 0.3703).

May Spread (Volatile) ±0.0090
December Spread (Stable) ±0.0029

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 0.0061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3820) against the same month in 2023 (average: 0.3706), the exchange rate shifted by +0.0114 (+3.09%).

2024 Avg (September) 0.3820
2023 Avg (September) 0.3706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3818 0.3757 0.3801
February 0.3806 0.3754 0.3776
March 0.3789 0.3738 0.3755
April 0.3811 0.3730 0.3739
May 0.3821 0.3731 0.3771
June 0.3808 0.3718 0.3745
July 0.3786 0.3715 0.3724
August 0.3810 0.3731 0.3782
September 0.3855 0.3795 0.3820
October 0.3851 0.3790 0.3812
November 0.3807 0.3729 0.3751
December 0.3732 0.3703 0.3712