2024 CVE to SBD Historical Review

YEARLY HIGH

0.0868 SBD

YEARLY LOW

0.0789 SBD

YEARLY AVERAGE

0.0826 SBD

2024 CVE to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0868. Conversely, the yearly low was recorded on December 20, dropping to 0.0789.

This high-to-low spread represents a total annual volatility of 0.0078 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0833 to the December average rate of 0.0796, the exchange rate registered a net change of -4.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0868 was up 1.62% compared to the 2023 peak of 0.0854, 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 434 SBD

2023 Average 409 SBD

Yearly Trough Low 395 SBD

Transaction Impact: A difference of 39.22 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0850

0.0791

JanuMarcMayJulySeptNove

CVE to SBD 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 0.0829, compared to 0.0823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0829

H2 Avg (Jul–Dec) 0.0823

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0040 SBD (High: 0.0868 / Low: 0.0827). On the other end, December was the most stable month, with a tight range of 0.0016 SBD (High: 0.0805 / Low: 0.0789).

March Spread (Volatile) ±0.0040

December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0834) against the same month in 2023 (average: 0.0799), the exchange rate shifted by +0.0035 (+4.40%).

2024 Avg (March) 0.0834

2023 Avg (March) 0.0799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0844	0.0823	0.0833
February	0.0835	0.0818	0.0827
March	0.0868	0.0827	0.0834
April	0.0835	0.0813	0.0825
May	0.0838	0.0818	0.0831
June	0.0837	0.0817	0.0825
July	0.0838	0.0819	0.0831
August	0.0861	0.0828	0.0845
September	0.0851	0.0833	0.0839
October	0.0834	0.0810	0.0820
November	0.0822	0.0791	0.0806
December	0.0805	0.0789	0.0796