2018 AZN to CVE Historical Review

YEARLY HIGH

57.6505 CVE

YEARLY LOW

52.0882 CVE

YEARLY AVERAGE

55.1153 CVE

2018 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 57.6505. Conversely, the yearly low was recorded on January 25, dropping to 52.0882.

This high-to-low spread represents a total annual volatility of 5.5623 CVE. From a start-to-finish perspective, comparing the January average rate of 53.6514 to the December average rate of 57.0725, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 57.6505 was down 7.90% compared to the 2017 peak of 62.5976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 288,253 CVE

2017 Average 285,159 CVE

Yearly Trough Low 260,441 CVE

Transaction Impact: A difference of 27,811.39 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

57.4909

52.5110

JanuMarcMayJulySeptNove

AZN 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 53.8611, compared to 56.3696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5085 points.

H1 Avg (Jan–Jun) 53.8611

H2 Avg (Jul–Dec) 56.3696

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 2.8526 CVE (High: 54.9408 / Low: 52.0882). On the other end, November was the most stable month, with a tight range of 0.8634 CVE (High: 57.5740 / Low: 56.7106).

January Spread (Volatile) ±2.8526

November Spread (Stable) ±0.8634

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.5841 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5841

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 57.0725) against the same month in 2017 (average: 55.0590), the exchange rate shifted by +2.0136 (+3.66%).

2018 Avg (December) 57.0725

2017 Avg (December) 55.0590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.9408	52.0882	53.6514
February	53.7539	52.2206	53.0673
March	53.7420	52.1586	52.9259
April	53.7928	52.5110	52.9950
May	56.0057	53.9881	54.8630
June	56.1526	54.7728	55.6637
July	55.9764	55.0711	55.5544
August	57.2981	55.5339	56.2583
September	56.0938	55.1169	55.6923
October	57.3862	56.0043	56.5640
November	57.5740	56.7106	57.0759
December	57.6505	56.6794	57.0725