2024 DJF to CVE Historical Review

YEARLY HIGH

0.5974 CVE

YEARLY LOW

0.5526 CVE

YEARLY AVERAGE

0.5737 CVE

2024 DJF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5974. Conversely, the yearly low was recorded on September 25, dropping to 0.5526.

This high-to-low spread represents a total annual volatility of 0.0448 CVE. From a start-to-finish perspective, comparing the January average rate of 0.5685 to the December average rate of 0.5917, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5974 was up 0.52% compared to the 2023 peak of 0.5943, 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 2,987 CVE

2023 Average 2,870 CVE

Yearly Trough Low 2,763 CVE

Transaction Impact: A difference of 223.96 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5950

0.5553

JanuMarcMayJulySeptNove

DJF to CVE 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 0.5740, compared to 0.5734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.5740

H2 Avg (Jul–Dec) 0.5734

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0258 CVE (High: 0.5953 / Low: 0.5695). On the other end, March was the most stable month, with a tight range of 0.0098 CVE (High: 0.5761 / Low: 0.5663).

November Spread (Volatile) ±0.0258

March Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between September and December, 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 0.0070 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5917) against the same month in 2023 (average: 0.5681), the exchange rate shifted by +0.0236 (+4.16%).

2024 Avg (December) 0.5917

2023 Avg (December) 0.5681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5738	0.5614	0.5685
February	0.5790	0.5690	0.5748
March	0.5761	0.5663	0.5713
April	0.5841	0.5715	0.5778
May	0.5836	0.5693	0.5750
June	0.5845	0.5669	0.5768
July	0.5806	0.5672	0.5719
August	0.5811	0.5561	0.5649
September	0.5630	0.5526	0.5586
October	0.5758	0.5597	0.5696
November	0.5953	0.5695	0.5835
December	0.5974	0.5849	0.5917