YEARLY HIGH
28.9173 CDF
YEARLY LOW
26.1811 CDF
YEARLY AVERAGE
27.6035 CDF

2024 CVE to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 28.9173. Conversely, the yearly low was recorded on January 20, dropping to 26.1811.

This high-to-low spread represents a total annual volatility of 2.7362 CDF. From a start-to-finish perspective, comparing the January average rate of 26.9127 to the December average rate of 27.1222, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 28.9173 was up 4.13% compared to the 2023 peak of 27.7717, 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 144,587 CDF
2023 Average 114,506 CDF
Yearly Trough Low 130,906 CDF
Transaction Impact: A difference of 13,681.04 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

28.8344
26.7380
JanuMarcMayJulySeptNove

CVE to CDF 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 27.2223, compared to 27.9847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7624 points.

H1 Avg (Jan–Jun) 27.2223
H2 Avg (Jul–Dec) 27.9847

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.2427 CDF (High: 27.4238 / Low: 26.1811). On the other end, March was the most stable month, with a tight range of 0.4061 CDF (High: 27.4965 / Low: 27.0905).

January Spread (Volatile) ±1.2427
March Spread (Stable) ±0.4061

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6155 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 28.6597) against the same month in 2023 (average: 24.0510), the exchange rate shifted by +4.6087 (+19.16%).

2024 Avg (September) 28.6597
2023 Avg (September) 24.0510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.4238 26.1811 26.9127
February 27.2276 26.7139 26.9505
March 27.4965 27.0905 27.3184
April 27.7166 26.7957 27.1757
May 27.7168 26.8758 27.3643
June 28.0029 27.3886 27.6124
July 28.2480 27.6142 27.9637
August 28.8399 27.8925 28.3990
September 28.9173 28.3715 28.6597
October 28.6913 27.7963 28.1897
November 28.2520 27.0389 27.5741
December 27.5588 26.7716 27.1222