2024 XCD to CNY Historical Review

YEARLY HIGH

2.7008 CNY

YEARLY LOW

2.5938 CNY

YEARLY AVERAGE

2.6559 CNY

2024 XCD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.7008. Conversely, the yearly low was recorded on September 26, dropping to 2.5938.

This high-to-low spread represents a total annual volatility of 0.1070 CNY. From a start-to-finish perspective, comparing the January average rate of 2.6311 to the December average rate of 2.6943, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7008 was down 0.60% compared to the 2023 peak of 2.7171, 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 13,504 CNY

2023 Average 13,088 CNY

Yearly Trough Low 12,969 CNY

Transaction Impact: A difference of 534.87 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7020

2.6100

JanuMarcMayJulySeptNove

XCD to CNY 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 2.6566, compared to 2.6552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 2.6566

H2 Avg (Jul–Dec) 2.6552

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0634 CNY (High: 2.6894 / Low: 2.6260). On the other end, December was the most stable month, with a tight range of 0.0212 CNY (High: 2.7008 / Low: 2.6796).

June Spread (Volatile) ±0.0634

December Spread (Stable) ±0.0212

Growth Streaks & Declines

Trends

Between January and April, 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 0.0409 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.6943) against the same month in 2023 (average: 2.6340), the exchange rate shifted by +0.0603 (+2.29%).

2024 Avg (December) 2.6943

2023 Avg (December) 2.6340

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6618	2.6192	2.6311
February	2.6636	2.6275	2.6485
March	2.6749	2.6391	2.6630
April	2.6810	2.6240	2.6747
May	2.6800	2.6169	2.6519
June	2.6894	2.6260	2.6703
July	2.6921	2.6415	2.6851
August	2.6804	2.6246	2.6442
September	2.6352	2.5938	2.6177
October	2.6387	2.5970	2.6233
November	2.6816	2.6267	2.6663
December	2.7008	2.6796	2.6943