YEARLY HIGH
139.3093 CVE
YEARLY LOW
132.5652 CVE
YEARLY AVERAGE
135.4436 CVE

2024 XDR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 139.3093. Conversely, the yearly low was recorded on August 24, dropping to 132.5652.

This high-to-low spread represents a total annual volatility of 6.7441 CVE. From a start-to-finish perspective, comparing the January average rate of 135.0496 to the December average rate of 138.0331, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 139.3093 was down 0.39% compared to the 2023 peak of 139.8537, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 696,546 CVE
2023 Average 681,200 CVE
Yearly Trough Low 662,826 CVE
Transaction Impact: A difference of 33,720.51 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

138.4320
133.6449
JanuMarcMayJulySeptNove

XDR 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 135.3214, compared to 135.5658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2444 points.

H1 Avg (Jan–Jun) 135.3214
H2 Avg (Jul–Dec) 135.5658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 4.4856 CVE (High: 139.2780 / Low: 134.7923). On the other end, September was the most stable month, with a tight range of 1.7143 CVE (High: 135.0439 / Low: 133.3295).

November Spread (Volatile) ±4.4856
September Spread (Stable) ±1.7143

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.8847 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8847

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 138.0331) against the same month in 2023 (average: 134.9209), the exchange rate shifted by +3.1122 (+2.31%).

2024 Avg (December) 138.0331
2023 Avg (December) 134.9209

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 136.1226 133.6060 135.0496
February 137.0203 134.6336 135.7455
March 135.8729 133.7842 135.0531
April 136.9264 134.6683 135.6709
May 136.9149 133.6793 135.0386
June 136.3342 133.9246 135.3704
July 135.5368 133.7032 134.4857
August 136.1110 132.5652 134.0439
September 135.0439 133.3295 134.0770
October 136.4499 134.6271 135.6155
November 139.2780 134.7923 137.1396
December 139.3093 136.6642 138.0331