YEARLY HIGH
0.0051 CVE
YEARLY LOW
0.0047 CVE
YEARLY AVERAGE
0.0049 CVE

2024 SLL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0051. Conversely, the yearly low was recorded on August 25, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0004 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0050, the exchange rate registered a net change of 4.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0051 was down 14.65% compared to the 2023 peak of 0.0059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25 CVE
2023 Average 27 CVE
Yearly Trough Low 23 CVE
Transaction Impact: A difference of 1.84 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0050
0.0047
JanuMarcMayJulySeptNove

SLL 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 0.0049, compared to 0.0049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0049

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0002 CVE (High: 0.0051 / Low: 0.0048). On the other end, February was the most stable month, with a tight range of 0.0001 CVE (High: 0.0049 / Low: 0.0049).

November Spread (Volatile) ±0.0002
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0050) against the same month in 2023 (average: 0.0048), the exchange rate shifted by +0.0002 (+4.02%).

2024 Avg (December) 0.0050
2023 Avg (December) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0048 0.0048
February 0.0049 0.0049 0.0049
March 0.0049 0.0048 0.0048
April 0.0050 0.0048 0.0049
May 0.0049 0.0048 0.0049
June 0.0049 0.0048 0.0049
July 0.0049 0.0048 0.0048
August 0.0049 0.0047 0.0048
September 0.0048 0.0047 0.0047
October 0.0049 0.0047 0.0048
November 0.0051 0.0048 0.0049
December 0.0051 0.0050 0.0050