YEARLY HIGH
0.0411 CNY
YEARLY LOW
0.0393 CNY
YEARLY AVERAGE
0.0404 CNY

2024 DJF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0411. Conversely, the yearly low was recorded on September 25, dropping to 0.0393.

This high-to-low spread represents a total annual volatility of 0.0018 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0409, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0411 was down 0.48% compared to the 2023 peak of 0.0413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 DJF based on timing:

Yearly Peak High 206 CNY
2023 Average 199 CNY
Yearly Trough Low 196 CNY
Transaction Impact: A difference of 9.22 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0411
0.0396
JanuMarcMayJulySeptNove

DJF to CNY 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 0.0404, compared to 0.0404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0404
H2 Avg (Jul–Dec) 0.0404

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0013 CNY (High: 0.0410 / Low: 0.0397). On the other end, December was the most stable month, with a tight range of 0.0004 CNY (High: 0.0411 / Low: 0.0407).

June Spread (Volatile) ±0.0013
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0409) against the same month in 2023 (average: 0.0400), the exchange rate shifted by +0.0010 (+2.43%).

2024 Avg (December) 0.0409
2023 Avg (December) 0.0400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0398 0.0400
February 0.0405 0.0396 0.0402
March 0.0408 0.0400 0.0405
April 0.0408 0.0398 0.0407
May 0.0410 0.0398 0.0403
June 0.0410 0.0397 0.0406
July 0.0409 0.0401 0.0408
August 0.0407 0.0398 0.0402
September 0.0401 0.0393 0.0398
October 0.0401 0.0393 0.0399
November 0.0408 0.0399 0.0405
December 0.0411 0.0407 0.0409