2024 KGS to CVE Historical Review

YEARLY HIGH

1.2245 CVE

YEARLY LOW

1.1206 CVE

YEARLY AVERAGE

1.1711 CVE

2024 KGS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.2245. Conversely, the yearly low was recorded on January 1, dropping to 1.1206.

This high-to-low spread represents a total annual volatility of 0.1039 CVE. From a start-to-finish perspective, comparing the January average rate of 1.1331 to the December average rate of 1.2109, the exchange rate registered a net change of 6.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2245 was down 1.82% compared to the 2023 peak of 1.2472, 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 6,123 CVE

2023 Average 5,811 CVE

Yearly Trough Low 5,603 CVE

Transaction Impact: A difference of 519.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2187

1.1254

JanuMarcMayJulySeptNove

KGS 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 1.1501, compared to 1.1921 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0419 points.

H1 Avg (Jan–Jun) 1.1501

H2 Avg (Jul–Dec) 1.1921

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0661 CVE (High: 1.2204 / Low: 1.1543). On the other end, February was the most stable month, with a tight range of 0.0148 CVE (High: 1.1521 / Low: 1.1374).

August Spread (Volatile) ±0.0661

February Spread (Stable) ±0.0148

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0179 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.2017) against the same month in 2023 (average: 1.1467), the exchange rate shifted by +0.0550 (+4.79%).

2024 Avg (November) 1.2017

2023 Avg (November) 1.1467

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1406	1.1206	1.1331
February	1.1521	1.1374	1.1438
March	1.1451	1.1261	1.1350
April	1.1671	1.1376	1.1535
May	1.1685	1.1466	1.1577
June	1.1941	1.1580	1.1777
July	1.2139	1.1828	1.1960
August	1.2204	1.1543	1.1780
September	1.1884	1.1712	1.1785
October	1.1971	1.1800	1.1873
November	1.2245	1.1748	1.2017
December	1.2211	1.2002	1.2109