YEARLY HIGH
0.8123 CVE
YEARLY LOW
0.7484 CVE
YEARLY AVERAGE
0.7729 CVE

2024 HTG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.8123. Conversely, the yearly low was recorded on September 26, dropping to 0.7484.

This high-to-low spread represents a total annual volatility of 0.0639 CVE. From a start-to-finish perspective, comparing the January average rate of 0.7683 to the December average rate of 0.8045, the exchange rate registered a net change of 4.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8123 was up 2.78% compared to the 2023 peak of 0.7903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,061 CVE
2023 Average 3,617 CVE
Yearly Trough Low 3,742 CVE
Transaction Impact: A difference of 319.68 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8095
0.7486
JanuMarcMayJulySeptNove

HTG 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 0.7712, compared to 0.7746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.7712
H2 Avg (Jul–Dec) 0.7746

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0380 CVE (High: 0.8071 / Low: 0.7691). On the other end, September was the most stable month, with a tight range of 0.0114 CVE (High: 0.7597 / Low: 0.7484).

November Spread (Volatile) ±0.0380
September Spread (Stable) ±0.0114

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 0.0081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8045) against the same month in 2023 (average: 0.7651), the exchange rate shifted by +0.0393 (+5.14%).

2024 Avg (December) 0.8045
2023 Avg (December) 0.7651

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7748 0.7549 0.7683
February 0.7820 0.7664 0.7744
March 0.7727 0.7596 0.7664
April 0.7834 0.7660 0.7751
May 0.7834 0.7645 0.7701
June 0.7806 0.7629 0.7732
July 0.7774 0.7640 0.7698
August 0.7794 0.7500 0.7617
September 0.7597 0.7484 0.7537
October 0.7779 0.7546 0.7684
November 0.8071 0.7691 0.7895
December 0.8123 0.7949 0.8045