2024 WST to CVE Historical Review

YEARLY HIGH

37.9424 CVE

YEARLY LOW

35.1825 CVE

YEARLY AVERAGE

36.4325 CVE

2024 WST to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 37.9424. Conversely, the yearly low was recorded on August 25, dropping to 35.1825.

This high-to-low spread represents a total annual volatility of 2.7599 CVE. From a start-to-finish perspective, comparing the January average rate of 36.1210 to the December average rate of 37.5853, 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 37.9424 was down 2.39% compared to the 2023 peak of 38.8705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 189,712 CVE

2023 Average 186,872 CVE

Yearly Trough Low 175,912 CVE

Transaction Impact: A difference of 13,799.66 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.7944

35.2857

JanuMarcMayJulySeptNove

WST 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 36.4537, compared to 36.4114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 36.4537

H2 Avg (Jul–Dec) 36.4114

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.6739 CVE (High: 37.8287 / Low: 36.1549). On the other end, February was the most stable month, with a tight range of 0.4724 CVE (High: 36.7988 / Low: 36.3264).

November Spread (Volatile) ±1.6739

February Spread (Stable) ±0.4724

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 0.4903 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 37.5853) against the same month in 2023 (average: 36.1324), the exchange rate shifted by +1.4529 (+4.02%).

2024 Avg (December) 37.5853

2023 Avg (December) 36.1324

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.3844	35.6529	36.1210
February	36.7988	36.3264	36.5266
March	36.5893	35.9786	36.2692
April	37.0982	36.2568	36.6888
May	37.0089	36.1437	36.4870
June	36.9464	36.1801	36.6295
July	36.8036	36.0258	36.3210
August	36.6250	35.1825	35.8307
September	35.7403	35.2350	35.4948
October	36.5548	35.5308	36.1777
November	37.8287	36.1549	37.0589
December	37.9424	37.2062	37.5853