2024 CVE to SCR Historical Review

YEARLY HIGH

0.1490 SCR

YEARLY LOW

0.1267 SCR

YEARLY AVERAGE

0.1340 SCR

2024 CVE to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.1490. Conversely, the yearly low was recorded on December 2, dropping to 0.1267.

This high-to-low spread represents a total annual volatility of 0.0223 SCR. From a start-to-finish perspective, comparing the January average rate of 0.1323 to the December average rate of 0.1342, the exchange rate registered a net change of 1.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1490 was up 4.25% compared to the 2023 peak of 0.1429, 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 745 SCR

2023 Average 658 SCR

Yearly Trough Low 634 SCR

Transaction Impact: A difference of 111.52 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1374

0.1311

JanuMarcMayJulySeptNove

CVE to SCR 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 0.1331, compared to 0.1350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1331

H2 Avg (Jul–Dec) 0.1350

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0201 SCR (High: 0.1490 / Low: 0.1290). On the other end, May was the most stable month, with a tight range of 0.0057 SCR (High: 0.1363 / Low: 0.1306).

October Spread (Volatile) ±0.0201

May Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.1354) against the same month in 2023 (average: 0.1276), the exchange rate shifted by +0.0078 (+6.14%).

2024 Avg (October) 0.1354

2023 Avg (October) 0.1276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1376	0.1289	0.1323
February	0.1349	0.1289	0.1316
March	0.1412	0.1311	0.1338
April	0.1389	0.1302	0.1323
May	0.1363	0.1306	0.1337
June	0.1424	0.1313	0.1347
July	0.1393	0.1313	0.1357
August	0.1486	0.1296	0.1369
September	0.1411	0.1292	0.1353
October	0.1490	0.1290	0.1354
November	0.1393	0.1284	0.1325
December	0.1440	0.1267	0.1342