2024 XCD to CVE Historical Review

YEARLY HIGH

39.3106 CVE

YEARLY LOW

36.4511 CVE

YEARLY AVERAGE

37.7462 CVE

2024 XCD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 39.3106. Conversely, the yearly low was recorded on August 25, dropping to 36.4511.

This high-to-low spread represents a total annual volatility of 2.8595 CVE. From a start-to-finish perspective, comparing the January average rate of 37.4234 to the December average rate of 38.9406, 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 39.3106 was up 0.76% compared to the 2023 peak of 39.0151, 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 196,553 CVE

2023 Average 188,872 CVE

Yearly Trough Low 182,256 CVE

Transaction Impact: A difference of 14,297.26 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

39.1572

36.5581

JanuMarcMayJulySeptNove

XCD 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 37.7681, compared to 37.7244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0438 points.

H1 Avg (Jan–Jun) 37.7681

H2 Avg (Jul–Dec) 37.7244

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.7342 CVE (High: 39.1928 / Low: 37.4586). On the other end, February was the most stable month, with a tight range of 0.4894 CVE (High: 38.1257 / Low: 37.6363).

November Spread (Volatile) ±1.7342

February Spread (Stable) ±0.4894

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 0.5080 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 38.9406) against the same month in 2023 (average: 37.4353), the exchange rate shifted by +1.5053 (+4.02%).

2024 Avg (December) 38.9406

2023 Avg (December) 37.4353

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.6963	36.9384	37.4234
February	38.1257	37.6363	37.8437
March	37.9086	37.2759	37.5770
April	38.4359	37.5642	38.0117
May	38.3434	37.4470	37.8026
June	38.2787	37.4847	37.9503
July	38.1307	37.3248	37.6307
August	37.9456	36.4511	37.1227
September	37.0290	36.5055	36.7747
October	37.8729	36.8120	37.4822
November	39.1928	37.4586	38.3952
December	39.3106	38.5478	38.9406