2024 FJD to CVE Historical Review

YEARLY HIGH

46.4460 CVE

YEARLY LOW

44.4776 CVE

YEARLY AVERAGE

45.3457 CVE

2024 FJD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 46.4460. Conversely, the yearly low was recorded on March 21, dropping to 44.4776.

This high-to-low spread represents a total annual volatility of 1.9684 CVE. From a start-to-finish perspective, comparing the January average rate of 45.2854 to the December average rate of 45.6136, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 46.4460 was down 3.07% compared to the 2023 peak of 47.9161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232,230 CVE

2023 Average 228,950 CVE

Yearly Trough Low 222,388 CVE

Transaction Impact: A difference of 9,841.82 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

45.8619

44.8926

JanuMarcMayJulySeptNove

FJD 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 45.3490, compared to 45.3423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 45.3490

H2 Avg (Jul–Dec) 45.3423

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.9282 CVE (High: 46.4460 / Low: 44.5177). On the other end, April was the most stable month, with a tight range of 0.7058 CVE (High: 45.6102 / Low: 44.9044).

November Spread (Volatile) ±1.9282

April Spread (Stable) ±0.7058

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.3684 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3684

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 45.7811) against the same month in 2023 (average: 45.2536), the exchange rate shifted by +0.5275 (+1.17%).

2024 Avg (November) 45.7811

2023 Avg (November) 45.2536

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	45.8438	44.7205	45.2854
February	45.8292	44.7313	45.4719
March	45.5416	44.4776	45.1035
April	45.6102	44.9044	45.3259
May	45.9881	44.8014	45.2841
June	46.0810	44.9266	45.6234
July	45.9023	44.8954	45.3225
August	45.4787	44.5258	44.9734
September	45.4545	44.4808	45.0136
October	45.7105	44.7562	45.3496
November	46.4460	44.5177	45.7811
December	46.2307	45.1806	45.6136