YEARLY HIGH
0.8949 CVE
YEARLY LOW
0.8298 CVE
YEARLY AVERAGE
0.8592 CVE

2024 VUV to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VUV to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.8949. Conversely, the yearly low was recorded on August 25, dropping to 0.8298.

This high-to-low spread represents a total annual volatility of 0.0651 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8519 to the December average rate of 0.8864, 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 0.8949 was up 0.74% compared to the 2023 peak of 0.8883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,474 CVE
2023 Average 4,302 CVE
Yearly Trough Low 4,149 CVE
Transaction Impact: A difference of 325.46 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8914
0.8322
JanuMarcMayJulySeptNove

VUV 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 0.8597, compared to 0.8587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.8597
H2 Avg (Jul–Dec) 0.8587

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0395 CVE (High: 0.8922 / Low: 0.8527). On the other end, February was the most stable month, with a tight range of 0.0111 CVE (High: 0.8679 / Low: 0.8567).

November Spread (Volatile) ±0.0395
February Spread (Stable) ±0.0111

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 0.0116 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.8864) against the same month in 2023 (average: 0.8522), the exchange rate shifted by +0.0343 (+4.02%).

2024 Avg (December) 0.8864
2023 Avg (December) 0.8522

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8581 0.8409 0.8519
February 0.8679 0.8567 0.8615
March 0.8629 0.8485 0.8554
April 0.8749 0.8551 0.8653
May 0.8728 0.8524 0.8605
June 0.8714 0.8533 0.8639
July 0.8680 0.8497 0.8566
August 0.8638 0.8298 0.8451
September 0.8429 0.8310 0.8371
October 0.8621 0.8380 0.8532
November 0.8922 0.8527 0.8740
December 0.8949 0.8775 0.8864