YEARLY HIGH
0.1811 CVE
YEARLY LOW
0.1638 CVE
YEARLY AVERAGE
0.1706 CVE

2024 SDG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1811. Conversely, the yearly low was recorded on August 25, dropping to 0.1638.

This high-to-low spread represents a total annual volatility of 0.0174 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1683 to the December average rate of 0.1750, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1811 was down 2.28% compared to the 2023 peak of 0.1854, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 906 CVE
2023 Average 856 CVE
Yearly Trough Low 819 CVE
Transaction Impact: A difference of 86.79 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1762
0.1642
JanuMarcMayJulySeptNove

SDG 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 0.1714, compared to 0.1698 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) 0.1714
H2 Avg (Jul–Dec) 0.1698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0127 CVE (High: 0.1811 / Low: 0.1684). On the other end, February was the most stable month, with a tight range of 0.0022 CVE (High: 0.1714 / Low: 0.1692).

May Spread (Volatile) ±0.0127
February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1706) against the same month in 2023 (average: 0.1694), the exchange rate shifted by +0.0012 (+0.70%).

2024 Avg (May) 0.1706
2023 Avg (May) 0.1694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1695 0.1661 0.1683
February 0.1714 0.1692 0.1702
March 0.1741 0.1676 0.1711
April 0.1773 0.1711 0.1752
May 0.1811 0.1684 0.1706
June 0.1762 0.1690 0.1728
July 0.1740 0.1682 0.1710
August 0.1705 0.1638 0.1668
September 0.1664 0.1640 0.1652
October 0.1702 0.1654 0.1684
November 0.1761 0.1683 0.1725
December 0.1766 0.1732 0.1750