2024 GTQ to CVE Historical Review

YEARLY HIGH

13.7917 CVE

YEARLY LOW

12.7253 CVE

YEARLY AVERAGE

13.1427 CVE

2024 GTQ to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GTQ to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 13.7917. Conversely, the yearly low was recorded on January 1, dropping to 12.7253.

This high-to-low spread represents a total annual volatility of 1.0664 CVE. From a start-to-finish perspective, comparing the January average rate of 12.9370 to the December average rate of 13.6567, the exchange rate registered a net change of 5.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.7917 was up 2.49% compared to the 2023 peak of 13.4564, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,959 CVE

2023 Average 65,194 CVE

Yearly Trough Low 63,627 CVE

Transaction Impact: A difference of 5,332.03 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.7375

12.7675

JanuMarcMayJulySeptNove

GTQ 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 13.1023, compared to 13.1830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0806 points.

H1 Avg (Jan–Jun) 13.1023

H2 Avg (Jul–Dec) 13.1830

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6196 CVE (High: 13.7251 / Low: 13.1055). On the other end, September was the most stable month, with a tight range of 0.1768 CVE (High: 12.9476 / Low: 12.7708).

November Spread (Volatile) ±0.6196

September Spread (Stable) ±0.1768

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 0.1439 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 13.6567) against the same month in 2023 (average: 12.9172), the exchange rate shifted by +0.7395 (+5.72%).

2024 Avg (December) 13.6567

2023 Avg (December) 12.9172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0557	12.7253	12.9370
February	13.1953	12.9678	13.0942
March	13.1397	12.9070	13.0203
April	13.3547	13.0415	13.2043
May	13.3685	13.0266	13.1531
June	13.3344	13.0237	13.2051
July	13.2616	12.9968	13.1059
August	13.2395	12.7711	12.9619
September	12.9476	12.7708	12.8483
October	13.2388	12.8805	13.0904
November	13.7251	13.1055	13.4347
December	13.7917	13.5013	13.6567