YEARLY HIGH
1064.8552 CDF
YEARLY LOW
984.2556 CDF
YEARLY AVERAGE
1041.6922 CDF

2024 XCD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 30, valuing the pair at 1064.8552. Conversely, the yearly low was recorded on January 20, dropping to 984.2556.

This high-to-low spread represents a total annual volatility of 80.5996 CDF. From a start-to-finish perspective, comparing the January average rate of 1007.1399 to the December average rate of 1056.1055, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1064.8552 was up 3.05% compared to the 2023 peak of 1033.3563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,324,276 CDF
2023 Average 4,323,832 CDF
Yearly Trough Low 4,921,278 CDF
Transaction Impact: A difference of 402,998.12 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1063.6601
1002.0017
JanuMarcMayJulySeptNove

XCD to CDF 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 1028.1272, compared to 1055.2571 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.1298 points.

H1 Avg (Jan–Jun) 1028.1272
H2 Avg (Jul–Dec) 1055.2571

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 34.2450 CDF (High: 1018.5006 / Low: 984.2556). On the other end, February was the most stable month, with a tight range of 9.7796 CDF (High: 1024.7469 / Low: 1014.9673).

January Spread (Volatile) ±34.2450
February Spread (Stable) ±9.7796

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.4164 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -2.4164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1056.5413) against the same month in 2023 (average: 931.8126), the exchange rate shifted by +124.7287 (+13.39%).

2024 Avg (October) 1056.5413
2023 Avg (October) 931.8126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1018.5006 984.2556 1007.1399
February 1024.7469 1014.9673 1019.8883
March 1033.0780 1022.2140 1026.5260
April 1043.2549 1026.4384 1032.9371
May 1045.6791 1029.0652 1034.3960
June 1055.1594 1034.3848 1047.8762
July 1062.1450 1046.4198 1052.2748
August 1063.8101 1039.3176 1054.1664
September 1060.3868 1048.0614 1053.9326
October 1064.8552 1050.1602 1056.5413
November 1063.8069 1052.0414 1058.5219
December 1062.3300 1048.4859 1056.1055