2024 SYP to CVE Historical Review

YEARLY HIGH

0.0423 CVE

YEARLY LOW

0.0081 CVE

YEARLY AVERAGE

0.0396 CVE

2024 SYP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0423. Conversely, the yearly low was recorded on December 30, dropping to 0.0081.

This high-to-low spread represents a total annual volatility of 0.0342 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0403 to the December average rate of 0.0298, the exchange rate registered a net change of -25.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0423 was up 0.76% compared to the 2023 peak of 0.0420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211 CVE

2023 Average 203 CVE

Yearly Trough Low 41 CVE

Transaction Impact: A difference of 170.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0424

0.0287

JanuMarcMayJulySeptNove

SYP 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 0.0406, compared to 0.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0406

H2 Avg (Jul–Dec) 0.0386

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0342 CVE (High: 0.0423 / Low: 0.0081). On the other end, February was the most stable month, with a tight range of 0.0005 CVE (High: 0.0410 / Low: 0.0405).

December Spread (Volatile) ±0.0342

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and November, 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 0.0115 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0298) against the same month in 2023 (average: 0.0403), the exchange rate shifted by -0.0104 (-25.92%).

2024 Avg (December) 0.0298

2023 Avg (December) 0.0403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0405	0.0397	0.0403
February	0.0410	0.0405	0.0407
March	0.0408	0.0401	0.0404
April	0.0413	0.0404	0.0409
May	0.0412	0.0403	0.0407
June	0.0412	0.0403	0.0408
July	0.0410	0.0401	0.0405
August	0.0408	0.0392	0.0399
September	0.0398	0.0393	0.0396
October	0.0407	0.0396	0.0403
November	0.0422	0.0403	0.0413
December	0.0423	0.0081	0.0298