2024 CVE to BTN Historical Review

YEARLY HIGH

0.8485 BTN

YEARLY LOW

0.7967 BTN

YEARLY AVERAGE

0.8202 BTN

2024 CVE to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.8485. Conversely, the yearly low was recorded on November 24, dropping to 0.7967.

This high-to-low spread represents a total annual volatility of 0.0518 BTN. From a start-to-finish perspective, comparing the January average rate of 0.8217 to the December average rate of 0.8072, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8485 was up 1.14% compared to the 2023 peak of 0.8389, 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 4,242 BTN

2023 Average 4,044 BTN

Yearly Trough Low 3,983 BTN

Transaction Impact: A difference of 259.05 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8469

0.8036

JanuMarcMayJulySeptNove

CVE to BTN 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 0.8152, compared to 0.8251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.8152

H2 Avg (Jul–Dec) 0.8251

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0381 BTN (High: 0.8348 / Low: 0.7967). On the other end, September was the most stable month, with a tight range of 0.0080 BTN (High: 0.8467 / Low: 0.8387).

November Spread (Volatile) ±0.0381

September Spread (Stable) ±0.0080

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 0.0171 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.8356) against the same month in 2023 (average: 0.8190), the exchange rate shifted by +0.0166 (+2.02%).

2024 Avg (August) 0.8356

2023 Avg (August) 0.8190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8370	0.8142	0.8217
February	0.8182	0.8059	0.8114
March	0.8226	0.8103	0.8171
April	0.8205	0.8036	0.8114
May	0.8233	0.8031	0.8159
June	0.8244	0.8071	0.8139
July	0.8293	0.8102	0.8217
August	0.8485	0.8161	0.8356
September	0.8467	0.8387	0.8433
October	0.8430	0.8221	0.8300
November	0.8348	0.7967	0.8130
December	0.8131	0.8000	0.8072