2024 CVE to UYU Historical Review

YEARLY HIGH

0.4274 UYU

YEARLY LOW

0.3657 UYU

YEARLY AVERAGE

0.3940 UYU

2024 CVE to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.4274. Conversely, the yearly low was recorded on April 1, dropping to 0.3657.

This high-to-low spread represents a total annual volatility of 0.0616 UYU. From a start-to-finish perspective, comparing the January average rate of 0.3873 to the December average rate of 0.4179, the exchange rate registered a net change of 7.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4274 was up 7.82% compared to the 2023 peak of 0.3964, 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 2,137 UYU

2023 Average 1,902 UYU

Yearly Trough Low 1,829 UYU

Transaction Impact: A difference of 308.22 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4223

0.3696

JanuMarcMayJulySeptNove

CVE to UYU 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 0.3803, compared to 0.4077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0274 points.

H1 Avg (Jan–Jun) 0.3803

H2 Avg (Jul–Dec) 0.4077

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0249 UYU (High: 0.4274 / Low: 0.4025). On the other end, February was the most stable month, with a tight range of 0.0049 UYU (High: 0.3851 / Low: 0.3802).

September Spread (Volatile) ±0.0249

February Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0048 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.4123) against the same month in 2023 (average: 0.3683), the exchange rate shifted by +0.0440 (+11.93%).

2024 Avg (September) 0.4123

2023 Avg (September) 0.3683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3918	0.3803	0.3873
February	0.3851	0.3802	0.3826
March	0.3865	0.3666	0.3788
April	0.3798	0.3657	0.3740
May	0.3813	0.3688	0.3767
June	0.3852	0.3786	0.3821
July	0.3996	0.3882	0.3950
August	0.4077	0.3935	0.4021
September	0.4274	0.4025	0.4123
October	0.4206	0.4010	0.4107
November	0.4117	0.4018	0.4082
December	0.4245	0.4109	0.4179