2024 KRW to CVE Historical Review

YEARLY HIGH

0.0780 CVE

YEARLY LOW

0.0717 CVE

YEARLY AVERAGE

0.0748 CVE

2024 KRW to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0780. Conversely, the yearly low was recorded on December 31, dropping to 0.0717.

This high-to-low spread represents a total annual volatility of 0.0063 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0764 to the December average rate of 0.0731, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0780 was down 6.77% compared to the 2023 peak of 0.0836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 389,758 CVE

2023 Average 390,946 CVE

Yearly Trough Low 358,281 CVE

Transaction Impact: A difference of 31,477.07 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0771

0.0727

JanuMarcMayJulySeptNove

KRW 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 0.0756, compared to 0.0741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0756

H2 Avg (Jul–Dec) 0.0741

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0032 CVE (High: 0.0755 / Low: 0.0723). On the other end, June was the most stable month, with a tight range of 0.0013 CVE (High: 0.0747 / Low: 0.0734).

November Spread (Volatile) ±0.0032

June Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0764) against the same month in 2023 (average: 0.0825), the exchange rate shifted by -0.0061 (-7.43%).

2024 Avg (January) 0.0764

2023 Avg (January) 0.0825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0780	0.0753	0.0764
February	0.0776	0.0762	0.0768
March	0.0773	0.0755	0.0762
April	0.0760	0.0738	0.0750
May	0.0764	0.0738	0.0749
June	0.0747	0.0734	0.0742
July	0.0745	0.0728	0.0736
August	0.0755	0.0734	0.0743
September	0.0757	0.0740	0.0747
October	0.0752	0.0735	0.0744
November	0.0755	0.0723	0.0744
December	0.0748	0.0717	0.0731