2019 AFN to CVE Historical Review

YEARLY HIGH

1.3142 CVE

YEARLY LOW

1.1945 CVE

YEARLY AVERAGE

1.2691 CVE

2019 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 1.3142. Conversely, the yearly low was recorded on June 29, dropping to 1.1945.

This high-to-low spread represents a total annual volatility of 0.1197 CVE. From a start-to-finish perspective, comparing the January average rate of 1.2825 to the December average rate of 1.2697, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3142 was down 13.48% compared to the 2018 peak of 1.5189, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,571 CVE

2018 Average 6,474 CVE

Yearly Trough Low 5,972 CVE

Transaction Impact: A difference of 598.42 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3078

1.2155

JanuMarcMayJulySeptNove

AFN 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 1.2717, compared to 1.2664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 1.2717

H2 Avg (Jul–Dec) 1.2664

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0551 CVE (High: 1.2495 / Low: 1.1945). On the other end, November was the most stable month, with a tight range of 0.0182 CVE (High: 1.2886 / Low: 1.2704).

June Spread (Volatile) ±0.0551

November Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0291 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 1.2975) against the same month in 2018 (average: 1.2919), the exchange rate shifted by +0.0055 (+0.43%).

2019 Avg (March) 1.2975

2018 Avg (March) 1.2919

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2925	1.2682	1.2825
February	1.3137	1.2807	1.3001
March	1.3142	1.2836	1.2975
April	1.2978	1.2587	1.2746
May	1.2765	1.2264	1.2523
June	1.2495	1.1945	1.2232
July	1.2487	1.1958	1.2252
August	1.2912	1.2405	1.2638
September	1.2925	1.2726	1.2818
October	1.2927	1.2677	1.2791
November	1.2886	1.2704	1.2789
December	1.2852	1.2611	1.2697