2024 EUR to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EUR to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 111.9897. Conversely, the yearly low was recorded on April 13, dropping to 108.5532.
This high-to-low spread represents a total annual volatility of 3.4366 CVE. From a start-to-finish perspective, comparing the January average rate of 110.3432 to the December average rate of 110.2049, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 111.9897 was down 1.46% compared to the 2023 peak of 113.6437, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EUR to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 110.3545, compared to 110.3762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0217 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 2.4061 CVE (High: 110.9593 / Low: 108.5532). On the other end, October was the most stable month, with a tight range of 0.9589 CVE (High: 110.8428 / Low: 109.8839).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2606 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 110.5933) against the same month in 2023 (average: 110.3090), the exchange rate shifted by +0.2842 (+0.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 111.1355 | 109.8440 | 110.3432 |
| February | 111.0274 | 109.5575 | 110.4003 |
| March | 111.3898 | 109.7005 | 110.3987 |
| April | 110.9593 | 108.5532 | 110.1381 |
| May | 111.5867 | 109.9150 | 110.4721 |
| June | 110.9083 | 109.7992 | 110.3748 |
| July | 111.2628 | 109.9545 | 110.3870 |
| August | 111.9897 | 110.2190 | 110.5933 |
| September | 111.0240 | 110.0192 | 110.4188 |
| October | 110.8428 | 109.8839 | 110.3826 |
| November | 111.0684 | 108.7634 | 110.2709 |
| December | 110.8647 | 108.7271 | 110.2049 |