YEARLY HIGH
212.8646 SLL
YEARLY LOW
197.3808 SLL
YEARLY AVERAGE
205.6142 SLL

2024 CVE to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 212.8646. Conversely, the yearly low was recorded on December 20, dropping to 197.3808.

This high-to-low spread represents a total annual volatility of 15.4838 SLL. From a start-to-finish perspective, comparing the January average rate of 207.3394 to the December average rate of 199.2624, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 212.8646 was up 1.06% compared to the 2023 peak of 210.6307, 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 1,064,323 SLL
2023 Average 934,823 SLL
Yearly Trough Low 986,904 SLL
Transaction Impact: A difference of 77,418.89 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

212.1686
198.0892
JanuMarcMayJulySeptNove

CVE to SLL 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 205.4547, compared to 205.7737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3190 points.

H1 Avg (Jan–Jun) 205.4547
H2 Avg (Jul–Dec) 205.7737

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 9.1657 SLL (High: 207.1397 / Low: 197.9740). On the other end, February was the most stable month, with a tight range of 2.6465 SLL (High: 206.1614 / Low: 203.5149).

November Spread (Volatile) ±9.1657
February Spread (Stable) ±2.6465

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 4.8939 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.8939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 209.0375) against the same month in 2023 (average: 207.3994), the exchange rate shifted by +1.6380 (+0.79%).

2024 Avg (August) 209.0375
2023 Avg (August) 207.3994

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 210.0563 205.8331 207.3394
February 206.1614 203.5149 205.0341
March 208.1546 204.6803 206.4913
April 206.5571 201.8724 204.1372
May 207.2038 202.3595 205.2618
June 206.9954 202.7018 204.4643
July 207.8817 203.4886 206.1970
August 212.8646 204.4807 209.0375
September 212.5476 209.5424 210.9953
October 210.7777 204.8735 207.0220
November 207.1397 197.9740 202.1281
December 201.2865 197.3808 199.2624