YEARLY HIGH
1.2552 CVE
YEARLY LOW
1.1786 CVE
YEARLY AVERAGE
1.2195 CVE

2024 BTN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.2552. Conversely, the yearly low was recorded on August 27, dropping to 1.1786.

This high-to-low spread represents a total annual volatility of 0.0766 CVE. From a start-to-finish perspective, comparing the January average rate of 1.2171 to the December average rate of 1.2388, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2552 was down 1.57% compared to the 2023 peak of 1.2752, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,276 CVE
2023 Average 6,184 CVE
Yearly Trough Low 5,893 CVE
Transaction Impact: A difference of 383.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2441
1.1805
JanuMarcMayJulySeptNove

BTN 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 1.2267, compared to 1.2123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 1.2267
H2 Avg (Jul–Dec) 1.2123

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0574 CVE (High: 1.2552 / Low: 1.1979). On the other end, September was the most stable month, with a tight range of 0.0113 CVE (High: 1.1923 / Low: 1.1810).

November Spread (Volatile) ±0.0574
September Spread (Stable) ±0.0113

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 0.0200 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.2303) against the same month in 2023 (average: 1.2290), the exchange rate shifted by +0.0013 (+0.10%).

2024 Avg (November) 1.2303
2023 Avg (November) 1.2290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2282 1.1948 1.2171
February 1.2409 1.2222 1.2324
March 1.2341 1.2156 1.2239
April 1.2444 1.2188 1.2325
May 1.2452 1.2147 1.2257
June 1.2390 1.2130 1.2286
July 1.2343 1.2059 1.2170
August 1.2254 1.1786 1.1969
September 1.1923 1.1810 1.1858
October 1.2164 1.1862 1.2048
November 1.2552 1.1979 1.2303
December 1.2500 1.2299 1.2388