YEARLY HIGH
59.4640 CVE
YEARLY LOW
56.3626 CVE
YEARLY AVERAGE
58.0267 CVE

2019 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 59.4640. Conversely, the yearly low was recorded on January 10, dropping to 56.3626.

This high-to-low spread represents a total annual volatility of 3.1015 CVE. From a start-to-finish perspective, comparing the January average rate of 56.8663 to the December average rate of 58.5806, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 59.4640 was up 3.15% compared to the 2018 peak of 57.6505, 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 297,320 CVE
2018 Average 275,648 CVE
Yearly Trough Low 281,813 CVE
Transaction Impact: A difference of 15,507.34 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

59.1376
56.6598
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 57.5117, compared to 58.5417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0300 points.

H1 Avg (Jan–Jun) 57.5117
H2 Avg (Jul–Dec) 58.5417

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.3950 CVE (High: 59.3392 / Low: 57.9442). On the other end, May was the most stable month, with a tight range of 0.5843 CVE (High: 58.3955 / Low: 57.8112).

December Spread (Volatile) ±1.3950
May Spread (Stable) ±0.5843

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.4772 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 58.9311) against the same month in 2018 (average: 55.6923), the exchange rate shifted by +3.2388 (+5.82%).

2019 Avg (September) 58.9311
2018 Avg (September) 55.6923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.2878 56.3626 56.8663
February 57.6211 56.6226 57.1979
March 57.9063 57.1219 57.4566
April 58.3260 57.4909 57.8468
May 58.3955 57.8112 58.0898
June 58.2379 57.1123 57.6125
July 58.4141 57.3370 57.8105
August 59.1189 57.7471 58.3005
September 59.4640 58.6012 58.9311
October 59.3245 58.2673 58.7952
November 59.3392 58.3700 58.8322
December 59.3392 57.9442 58.5806