2024 GYD to CVE Historical Review

YEARLY HIGH

0.5079 CVE

YEARLY LOW

0.4716 CVE

YEARLY AVERAGE

0.4876 CVE

2024 GYD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5079. Conversely, the yearly low was recorded on March 13, dropping to 0.4716.

This high-to-low spread represents a total annual volatility of 0.0363 CVE. From a start-to-finish perspective, comparing the January average rate of 0.4833 to the December average rate of 0.5033, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5079 was up 0.66% compared to the 2023 peak of 0.5046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,540 CVE

2023 Average 2,429 CVE

Yearly Trough Low 2,358 CVE

Transaction Impact: A difference of 181.57 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5061

0.4722

JanuMarcMayJulySeptNove

GYD 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 0.4878, compared to 0.4874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.4878

H2 Avg (Jul–Dec) 0.4874

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0229 CVE (High: 0.5064 / Low: 0.4836). On the other end, September was the most stable month, with a tight range of 0.0061 CVE (High: 0.4784 / Low: 0.4723).

November Spread (Volatile) ±0.0229

September Spread (Stable) ±0.0061

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 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5033) against the same month in 2023 (average: 0.4829), the exchange rate shifted by +0.0203 (+4.21%).

2024 Avg (December) 0.5033

2023 Avg (December) 0.4829

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4871	0.4754	0.4833
February	0.4921	0.4843	0.4886
March	0.4894	0.4716	0.4851
April	0.4965	0.4850	0.4909
May	0.4967	0.4838	0.4884
June	0.4948	0.4837	0.4902
July	0.4925	0.4821	0.4863
August	0.4905	0.4727	0.4799
September	0.4784	0.4723	0.4750
October	0.4897	0.4761	0.4839
November	0.5064	0.4836	0.4959
December	0.5079	0.4980	0.5033