2024 CVE to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |