YEARLY HIGH
0.0292 CNY
YEARLY LOW
0.0280 CNY
YEARLY AVERAGE
0.0287 CNY

2024 YER to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0292. Conversely, the yearly low was recorded on September 26, dropping to 0.0280.

This high-to-low spread represents a total annual volatility of 0.0012 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0291, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0292 was down 0.38% compared to the 2023 peak of 0.0293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146 CNY
2023 Average 141 CNY
Yearly Trough Low 140 CNY
Transaction Impact: A difference of 6.06 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0292
0.0282
JanuMarcMayJulySeptNove

YER 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 0.0287, compared to 0.0287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0287
H2 Avg (Jul–Dec) 0.0287

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0007 CNY (High: 0.0289 / Low: 0.0282). On the other end, December was the most stable month, with a tight range of 0.0003 CNY (High: 0.0292 / Low: 0.0289).

May Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0291) against the same month in 2023 (average: 0.0284), the exchange rate shifted by +0.0007 (+2.36%).

2024 Avg (December) 0.0291
2023 Avg (December) 0.0284

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0287 0.0283 0.0284
February 0.0289 0.0284 0.0286
March 0.0289 0.0285 0.0287
April 0.0289 0.0283 0.0289
May 0.0289 0.0282 0.0286
June 0.0290 0.0283 0.0288
July 0.0291 0.0285 0.0290
August 0.0289 0.0283 0.0285
September 0.0284 0.0280 0.0283
October 0.0285 0.0280 0.0283
November 0.0290 0.0284 0.0288
December 0.0292 0.0289 0.0291