YEARLY HIGH
0.0204 BZD
YEARLY LOW
0.0189 BZD
YEARLY AVERAGE
0.0198 BZD

2024 CVE to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0204. Conversely, the yearly low was recorded on December 20, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0015 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0199 to the December average rate of 0.0191, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0204 was down 0.88% compared to the 2023 peak of 0.0206, 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 BZD
2023 Average 99 BZD
Yearly Trough Low 95 BZD
Transaction Impact: A difference of 7.42 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0204
0.0190
JanuMarcMayJulySeptNove

CVE to BZD 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 0.0197, compared to 0.0198 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) 0.0197
H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0009 BZD (High: 0.0199 / Low: 0.0190). On the other end, September was the most stable month, with a tight range of 0.0003 BZD (High: 0.0204 / Low: 0.0201).

November Spread (Volatile) ±0.0009
September 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 (September 2024: 0.0203) against the same month in 2023 (average: 0.0195), the exchange rate shifted by +0.0008 (+3.95%).

2024 Avg (September) 0.0203
2023 Avg (September) 0.0195

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0202 0.0198 0.0199
February 0.0199 0.0196 0.0197
March 0.0200 0.0197 0.0198
April 0.0198 0.0194 0.0196
May 0.0199 0.0194 0.0197
June 0.0199 0.0195 0.0197
July 0.0200 0.0196 0.0198
August 0.0204 0.0196 0.0201
September 0.0204 0.0201 0.0203
October 0.0202 0.0197 0.0199
November 0.0199 0.0190 0.0194
December 0.0194 0.0189 0.0191