2024 CVE to BBD Historical Review

YEARLY HIGH

0.0203 BBD

YEARLY LOW

0.0188 BBD

YEARLY AVERAGE

0.0196 BBD

2024 CVE to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0203. Conversely, the yearly low was recorded on December 20, dropping to 0.0188.

This high-to-low spread represents a total annual volatility of 0.0015 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0198 to the December average rate of 0.0190, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0203 was down 0.54% compared to the 2023 peak of 0.0204, 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 102 BBD

2023 Average 98 BBD

Yearly Trough Low 94 BBD

Transaction Impact: A difference of 7.38 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0202

0.0189

JanuMarcMayJulySeptNove

CVE to BBD 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 0.0196, compared to 0.0196 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) 0.0196

H2 Avg (Jul–Dec) 0.0196

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0009 BBD (High: 0.0198 / Low: 0.0189). On the other end, February was the most stable month, with a tight range of 0.0003 BBD (High: 0.0197 / Low: 0.0194).

November Spread (Volatile) ±0.0009

February Spread (Stable) ±0.0003

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 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0199) against the same month in 2023 (average: 0.0198), the exchange rate shifted by +0.0002 (+0.79%).

2024 Avg (August) 0.0199

2023 Avg (August) 0.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0200	0.0196	0.0198
February	0.0197	0.0194	0.0196
March	0.0199	0.0195	0.0197
April	0.0197	0.0193	0.0195
May	0.0198	0.0193	0.0196
June	0.0197	0.0193	0.0195
July	0.0198	0.0194	0.0197
August	0.0203	0.0195	0.0199
September	0.0203	0.0200	0.0201
October	0.0201	0.0195	0.0197
November	0.0198	0.0189	0.0193
December	0.0192	0.0188	0.0190