2024 KGS to CNY Historical Review

YEARLY HIGH

0.0864 CNY

YEARLY LOW

0.0794 CNY

YEARLY AVERAGE

0.0824 CNY

2024 KGS to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0864. Conversely, the yearly low was recorded on April 7, dropping to 0.0794.

This high-to-low spread represents a total annual volatility of 0.0070 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0797 to the December average rate of 0.0838, the exchange rate registered a net change of 5.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0864 was up 3.85% compared to the 2023 peak of 0.0832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 432 CNY

2023 Average 403 CNY

Yearly Trough Low 397 CNY

Transaction Impact: A difference of 35.04 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0859

0.0791

JanuMarcMayJulySeptNove

KGS to CNY 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 0.0809, compared to 0.0839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0809

H2 Avg (Jul–Dec) 0.0839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0031 CNY (High: 0.0841 / Low: 0.0809). On the other end, December was the most stable month, with a tight range of 0.0005 CNY (High: 0.0839 / Low: 0.0834).

June Spread (Volatile) ±0.0031

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0853) against the same month in 2023 (average: 0.0819), the exchange rate shifted by +0.0034 (+4.16%).

2024 Avg (July) 0.0853

2023 Avg (July) 0.0819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0805	0.0794	0.0797
February	0.0805	0.0795	0.0801
March	0.0808	0.0797	0.0804
April	0.0817	0.0794	0.0812
May	0.0824	0.0797	0.0812
June	0.0841	0.0809	0.0829
July	0.0864	0.0838	0.0853
August	0.0862	0.0833	0.0839
September	0.0846	0.0833	0.0839
October	0.0835	0.0826	0.0831
November	0.0839	0.0824	0.0835
December	0.0839	0.0834	0.0838