YEARLY HIGH
0.2108 CVE
YEARLY LOW
0.1873 CVE
YEARLY AVERAGE
0.1979 CVE

2024 CRC to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2108. Conversely, the yearly low was recorded on August 27, dropping to 0.1873.

This high-to-low spread represents a total annual volatility of 0.0234 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1956 to the December average rate of 0.2081, the exchange rate registered a net change of 6.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2108 was up 6.57% compared to the 2023 peak of 0.1978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CRC based on timing:

Yearly Peak High 1,054 CVE
2023 Average 943 CVE
Yearly Trough Low 937 CVE
Transaction Impact: A difference of 117.03 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2097
0.1895
JanuMarcMayJulySeptNove

CRC to CVE 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 0.1987, compared to 0.1972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1987
H2 Avg (Jul–Dec) 0.1972

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0107 CVE (High: 0.2080 / Low: 0.1973). On the other end, February was the most stable month, with a tight range of 0.0030 CVE (High: 0.1994 / Low: 0.1964).

November Spread (Volatile) ±0.0107
February Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2081) against the same month in 2023 (average: 0.1926), the exchange rate shifted by +0.0154 (+8.00%).

2024 Avg (December) 0.2081
2023 Avg (December) 0.1926

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1994 0.1916 0.1956
February 0.1994 0.1964 0.1983
March 0.2037 0.1970 0.1997
April 0.2072 0.1998 0.2038
May 0.2033 0.1959 0.1993
June 0.1979 0.1910 0.1952
July 0.1964 0.1904 0.1931
August 0.1960 0.1873 0.1912
September 0.1935 0.1891 0.1913
October 0.1992 0.1921 0.1962
November 0.2080 0.1973 0.2033
December 0.2108 0.2053 0.2081