2024 CVE to STD Historical Review

YEARLY HIGH

226.1860 STD

YEARLY LOW

209.7332 STD

YEARLY AVERAGE

218.4818 STD

2024 CVE to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 226.1860. Conversely, the yearly low was recorded on December 20, dropping to 209.7332.

This high-to-low spread represents a total annual volatility of 16.4528 STD. From a start-to-finish perspective, comparing the January average rate of 220.3150 to the December average rate of 211.7326, 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 226.1860 was down 2.91% compared to the 2023 peak of 232.9585, 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 1,130,930 STD

2023 Average 1,106,740 STD

Yearly Trough Low 1,048,666 STD

Transaction Impact: A difference of 82,263.87 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

225.4464

210.4858

JanuMarcMayJulySeptNove

CVE to STD 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 218.3123, compared to 218.6513 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3390 points.

H1 Avg (Jan–Jun) 218.3123

H2 Avg (Jul–Dec) 218.6513

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 9.7393 STD (High: 220.1028 / Low: 210.3635). On the other end, February was the most stable month, with a tight range of 2.8121 STD (High: 219.0632 / Low: 216.2511).

November Spread (Volatile) ±9.7393

February Spread (Stable) ±2.8121

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 5.2001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.2001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 222.1193) against the same month in 2023 (average: 220.3788), the exchange rate shifted by +1.7406 (+0.79%).

2024 Avg (August) 222.1193

2023 Avg (August) 220.3788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	223.2019	218.7144	220.3150
February	219.0632	216.2511	217.8655
March	221.1812	217.4895	219.4138
April	219.4838	214.5059	216.9124
May	220.1709	215.0234	218.1073
June	219.9495	215.3871	217.2599
July	220.8913	216.2232	219.1011
August	226.1860	217.2774	222.1193
September	225.8492	222.6558	224.1997
October	223.9685	217.6947	219.9777
November	220.1028	210.3635	214.7776
December	213.8832	209.7332	211.7326