YEARLY HIGH
0.1070 XDR
YEARLY LOW
0.1035 XDR
YEARLY AVERAGE
0.1049 XDR

2024 CNY to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CNY to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.1070. Conversely, the yearly low was recorded on March 23, dropping to 0.1035.

This high-to-low spread represents a total annual volatility of 0.0035 XDR. From a start-to-finish perspective, comparing the January average rate of 0.1053 to the December average rate of 0.1047, the exchange rate registered a net change of -0.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1070 was down 3.85% compared to the 2023 peak of 0.1113, 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 2,676 XDR
2023 Average 2,649 XDR
Yearly Trough Low 2,588 XDR
Transaction Impact: A difference of 87.58 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1057
0.1041
JanuMarcMayJulySeptNove

CNY to XDR 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 0.1051, compared to 0.1048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1051
H2 Avg (Jul–Dec) 0.1048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0028 XDR (High: 0.1070 / Low: 0.1042). On the other end, December was the most stable month, with a tight range of 0.0013 XDR (High: 0.1054 / Low: 0.1041).

June Spread (Volatile) ±0.0028
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.1050) against the same month in 2023 (average: 0.1047), the exchange rate shifted by +0.0003 (+0.25%).

2024 Avg (June) 0.1050
2023 Avg (June) 0.1047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1060 0.1044 0.1053
February 0.1066 0.1045 0.1053
March 0.1054 0.1035 0.1045
April 0.1067 0.1040 0.1048
May 0.1070 0.1043 0.1056
June 0.1070 0.1042 0.1050
July 0.1057 0.1036 0.1042
August 0.1056 0.1040 0.1047
September 0.1056 0.1041 0.1048
October 0.1064 0.1048 0.1054
November 0.1059 0.1042 0.1050
December 0.1054 0.1041 0.1047