2024 PLN to CVE Historical Review

YEARLY HIGH

26.1200 CVE

YEARLY LOW

21.6671 CVE

YEARLY AVERAGE

25.6219 CVE

2024 PLN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 26.1200. Conversely, the yearly low was recorded on January 1, dropping to 21.6671.

This high-to-low spread represents a total annual volatility of 4.4529 CVE. From a start-to-finish perspective, comparing the January average rate of 25.1790 to the December average rate of 25.8131, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 26.1200 was down 0.94% compared to the 2023 peak of 26.3670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 522,400 CVE

2023 Average 486,861 CVE

Yearly Trough Low 433,342 CVE

Transaction Impact: A difference of 89,057.40 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

25.8790

25.1154

JanuMarcMayJulySeptNove

PLN 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 25.5428, compared to 25.7010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1583 points.

H1 Avg (Jan–Jun) 25.5428

H2 Avg (Jul–Dec) 25.7010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 3.8409 CVE (High: 25.5080 / Low: 21.6671). On the other end, September was the most stable month, with a tight range of 0.4072 CVE (High: 26.0927 / Low: 25.6855).

January Spread (Volatile) ±3.8409

September Spread (Stable) ±0.4072

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.2498 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 25.7818) against the same month in 2023 (average: 24.8387), the exchange rate shifted by +0.9431 (+3.80%).

2024 Avg (July) 25.7818

2023 Avg (July) 24.8387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.5080	21.6671	25.1790
February	25.7209	25.2503	25.5264
March	25.8753	25.3862	25.6265
April	25.8988	25.2247	25.5928
May	26.0474	25.5402	25.7908
June	25.9546	25.1307	25.5410
July	26.1200	25.6227	25.7818
August	26.1005	25.5166	25.7776
September	26.0927	25.6855	25.8154
October	25.8243	25.3612	25.5688
November	25.8034	24.9952	25.4496
December	25.9940	25.4781	25.8131