2024 CVE to SYP Historical Review

YEARLY HIGH

123.2787 SYP

YEARLY LOW

23.6498 SYP

YEARLY AVERAGE

27.5678 SYP

2024 CVE to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 123.2787. Conversely, the yearly low was recorded on December 20, dropping to 23.6498.

This high-to-low spread represents a total annual volatility of 99.6289 SYP. From a start-to-finish perspective, comparing the January average rate of 24.8431 to the December average rate of 59.0530, the exchange rate registered a net change of 137.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 123.2787 was up 380.72% compared to the 2023 peak of 25.6447, 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 616,394 SYP

2023 Average 123,087 SYP

Yearly Trough Low 118,249 SYP

Transaction Impact: A difference of 498,144.48 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

62.5364

20.7352

JanuMarcMayJulySeptNove

CVE to SYP 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 24.6172, compared to 30.5184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9012 points.

H1 Avg (Jan–Jun) 24.6172

H2 Avg (Jul–Dec) 30.5184

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 99.6289 SYP (High: 123.2787 / Low: 23.6498). On the other end, February was the most stable month, with a tight range of 0.3171 SYP (High: 24.7019 / Low: 24.3848).

December Spread (Volatile) ±99.6289

February Spread (Stable) ±0.3171

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 0.5864 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5864

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 59.0530) against the same month in 2023 (average: 24.8373), the exchange rate shifted by +34.2156 (+137.76%).

2024 Avg (December) 59.0530

2023 Avg (December) 24.8373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.1686	24.6626	24.8431
February	24.7019	24.3848	24.5668
March	24.9407	24.5245	24.7414
April	24.7493	24.1880	24.4594
May	24.8268	24.2464	24.5941
June	24.8018	24.2874	24.4986
July	24.9080	24.3817	24.7062
August	25.5051	24.5005	25.0465
September	25.4671	25.1070	25.2811
October	25.2550	24.5476	24.8050
November	24.8191	23.7209	24.2186
December	123.2787	23.6498	59.0530