YEARLY HIGH
0.0183 AWG
YEARLY LOW
0.0169 AWG
YEARLY AVERAGE
0.0177 AWG

2024 CVE to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0183. Conversely, the yearly low was recorded on December 20, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0013 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0171, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0183 was down 0.68% compared to the 2023 peak of 0.0184, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91 AWG
2023 Average 88 AWG
Yearly Trough Low 85 AWG
Transaction Impact: A difference of 6.65 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0182
0.0170
JanuMarcMayJulySeptNove

CVE to AWG 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 0.0176, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0008 AWG (High: 0.0178 / Low: 0.0170). On the other end, February was the most stable month, with a tight range of 0.0002 AWG (High: 0.0177 / Low: 0.0175).

November Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0180) against the same month in 2023 (average: 0.0178), the exchange rate shifted by +0.0001 (+0.76%).

2024 Avg (August) 0.0180
2023 Avg (August) 0.0178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0180 0.0177 0.0178
February 0.0177 0.0175 0.0176
March 0.0179 0.0176 0.0177
April 0.0178 0.0173 0.0175
May 0.0178 0.0174 0.0176
June 0.0178 0.0174 0.0176
July 0.0179 0.0175 0.0177
August 0.0183 0.0176 0.0180
September 0.0182 0.0180 0.0181
October 0.0181 0.0176 0.0178
November 0.0178 0.0170 0.0174
December 0.0173 0.0169 0.0171