2024 CVE to SRD Historical Review

YEARLY HIGH

0.3681 SRD

YEARLY LOW

0.2813 SRD

YEARLY AVERAGE

0.3248 SRD

2024 CVE to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3681. Conversely, the yearly low was recorded on August 3, dropping to 0.2813.

This high-to-low spread represents a total annual volatility of 0.0868 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3628 to the December average rate of 0.3347, the exchange rate registered a net change of -7.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3681 was down 5.88% compared to the 2023 peak of 0.3911, 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 1,840 SRD

2023 Average 1,794 SRD

Yearly Trough Low 1,406 SRD

Transaction Impact: A difference of 434.15 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3703

0.2795

JanuMarcMayJulySeptNove

CVE to SRD 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 0.3375, compared to 0.3121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0254 points.

H1 Avg (Jan–Jun) 0.3375

H2 Avg (Jul–Dec) 0.3121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0314 SRD (High: 0.3382 / Low: 0.3068). On the other end, December was the most stable month, with a tight range of 0.0085 SRD (High: 0.3393 / Low: 0.3307).

October Spread (Volatile) ±0.0314

December Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0177 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.3628) against the same month in 2023 (average: 0.3105), the exchange rate shifted by +0.0523 (+16.84%).

2024 Avg (January) 0.3628

2023 Avg (January) 0.3105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3681	0.3583	0.3628
February	0.3597	0.3458	0.3535
March	0.3520	0.3415	0.3469
April	0.3437	0.3289	0.3370
May	0.3280	0.3147	0.3193
June	0.3170	0.2968	0.3057
July	0.2999	0.2835	0.2920
August	0.2920	0.2813	0.2871
September	0.3108	0.2887	0.2989
October	0.3382	0.3068	0.3210
November	0.3448	0.3351	0.3391
December	0.3393	0.3307	0.3347