2024 CVE to KGS Historical Review

YEARLY HIGH

0.8924 KGS

YEARLY LOW

0.8167 KGS

YEARLY AVERAGE

0.8543 KGS

2024 CVE to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8924. Conversely, the yearly low was recorded on November 24, dropping to 0.8167.

This high-to-low spread represents a total annual volatility of 0.0757 KGS. From a start-to-finish perspective, comparing the January average rate of 0.8825 to the December average rate of 0.8258, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8924 was down 0.50% compared to the 2023 peak of 0.8969, 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 4,462 KGS

2023 Average 4,303 KGS

Yearly Trough Low 4,083 KGS

Transaction Impact: A difference of 378.69 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8882

0.8202

JanuMarcMayJulySeptNove

CVE to KGS 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 0.8696, compared to 0.8390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0306 points.

H1 Avg (Jan–Jun) 0.8696

H2 Avg (Jul–Dec) 0.8390

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0469 KGS (High: 0.8663 / Low: 0.8194). On the other end, February was the most stable month, with a tight range of 0.0113 KGS (High: 0.8792 / Low: 0.8679).

August Spread (Volatile) ±0.0469

February Spread (Stable) ±0.0113

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0146 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.8825) against the same month in 2023 (average: 0.8352), the exchange rate shifted by +0.0473 (+5.66%).

2024 Avg (January) 0.8825

2023 Avg (January) 0.8352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8924	0.8768	0.8825
February	0.8792	0.8679	0.8743
March	0.8880	0.8733	0.8810
April	0.8790	0.8568	0.8670
May	0.8721	0.8558	0.8638
June	0.8636	0.8375	0.8492
July	0.8454	0.8238	0.8362
August	0.8663	0.8194	0.8491
September	0.8538	0.8415	0.8485
October	0.8474	0.8353	0.8422
November	0.8512	0.8167	0.8323
December	0.8332	0.8189	0.8258