2024 SHP to CDF Historical Review

YEARLY HIGH

3830.9947 CDF

YEARLY LOW

3379.2625 CDF

YEARLY AVERAGE

3598.4371 CDF

2024 SHP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SHP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 3830.9947. Conversely, the yearly low was recorded on January 20, dropping to 3379.2625.

This high-to-low spread represents a total annual volatility of 451.7322 CDF. From a start-to-finish perspective, comparing the January average rate of 3458.9652 to the December average rate of 3606.1663, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3830.9947 was up 7.89% compared to the 2023 peak of 3550.9582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,154,974 CDF

2023 Average 14,550,654 CDF

Yearly Trough Low 16,896,313 CDF

Transaction Impact: A difference of 2,258,661.10 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3796.3310

3428.2956

JanuMarcMayJulySeptNove

SHP to CDF 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 3514.8560, compared to 3682.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 167.1623 points.

H1 Avg (Jan–Jun) 3514.8560

H2 Avg (Jul–Dec) 3682.0183

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 156.5174 CDF (High: 3764.0909 / Low: 3607.5735). On the other end, February was the most stable month, with a tight range of 52.0803 CDF (High: 3511.7107 / Low: 3459.6304).

August Spread (Volatile) ±156.5174

February Spread (Stable) ±52.0803

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 77.8950 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -77.8950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3765.6614) against the same month in 2023 (average: 3076.7024), the exchange rate shifted by +688.9590 (+22.39%).

2024 Avg (September) 3765.6614

2023 Avg (September) 3076.7024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3498.2141	3379.2625	3458.9652
February	3511.7107	3459.6304	3481.5646
March	3561.6657	3481.1318	3525.4005
April	3566.5487	3434.1693	3492.2368
May	3599.4773	3485.9571	3532.5828
June	3621.2418	3560.5996	3598.3859
July	3721.7301	3605.6404	3659.9625
August	3764.0909	3607.5735	3688.3116
September	3830.9947	3701.5214	3765.6614
October	3788.9512	3674.8144	3724.9514
November	3715.3047	3579.8829	3647.0564
December	3663.2702	3556.1006	3606.1663