2024 CVE to KRW Historical Review

YEARLY HIGH

13.9555 KRW

YEARLY LOW

12.8285 KRW

YEARLY AVERAGE

13.3682 KRW

2024 CVE to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 13.9555. Conversely, the yearly low was recorded on January 1, dropping to 12.8285.

This high-to-low spread represents a total annual volatility of 1.1271 KRW. From a start-to-finish perspective, comparing the January average rate of 13.0977 to the December average rate of 13.6900, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.9555 was up 4.21% compared to the 2023 peak of 13.3913, 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 69,778 KRW

2023 Average 63,985 KRW

Yearly Trough Low 64,142 KRW

Transaction Impact: A difference of 5,635.27 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.7561

12.9628

JanuMarcMayJulySeptNove

CVE to KRW 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 13.2340, compared to 13.5024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2684 points.

H1 Avg (Jan–Jun) 13.2340

H2 Avg (Jul–Dec) 13.5024

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5835 KRW (High: 13.8272 / Low: 13.2437). On the other end, February was the most stable month, with a tight range of 0.2367 KRW (High: 13.1258 / Low: 12.8891).

November Spread (Volatile) ±0.5835

February Spread (Stable) ±0.2367

Growth Streaks & Declines

Trends

Between February and July, 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 July and August, when the average rate fell by 0.1355 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.6900) against the same month in 2023 (average: 12.8645), the exchange rate shifted by +0.8255 (+6.42%).

2024 Avg (December) 13.6900

2023 Avg (December) 12.8645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.2724	12.8285	13.0977
February	13.1258	12.8891	13.0289
March	13.2485	12.9379	13.1210
April	13.5552	13.1568	13.3358
May	13.5531	13.0861	13.3502
June	13.6189	13.3785	13.4703
July	13.7415	13.4209	13.5930
August	13.6307	13.2439	13.4575
September	13.5126	13.2020	13.3832
October	13.6088	13.3050	13.4448
November	13.8272	13.2437	13.4459
December	13.9555	13.3745	13.6900