2018 BAM to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BAM to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BAM to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 58.1924. Conversely, the yearly low was recorded on August 11, dropping to 55.9277.
This high-to-low spread represents a total annual volatility of 2.2647 CVE. From a start-to-finish perspective, comparing the January average rate of 56.5796 to the December average rate of 56.5440, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 58.1924 was up 2.10% compared to the 2017 peak of 56.9936, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BAM to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 56.5850, compared to 56.6068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 2.1180 CVE (High: 58.1924 / Low: 56.0744). On the other end, December was the most stable month, with a tight range of 0.5586 CVE (High: 56.7861 / Low: 56.2275).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1778 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 56.6338) against the same month in 2017 (average: 56.5925), the exchange rate shifted by +0.0412 (+0.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.9893 | 56.1677 | 56.5796 |
| February | 56.9984 | 56.3708 | 56.6128 |
| March | 56.8863 | 56.2842 | 56.5734 |
| April | 57.2737 | 56.1911 | 56.6803 |
| May | 56.9983 | 56.1027 | 56.5025 |
| June | 56.9319 | 56.2023 | 56.5615 |
| July | 57.9539 | 56.1213 | 56.6473 |
| August | 57.5906 | 55.9277 | 56.5642 |
| September | 57.9687 | 56.2934 | 56.6745 |
| October | 57.5004 | 56.1834 | 56.5772 |
| November | 58.1924 | 56.0744 | 56.6338 |
| December | 56.7861 | 56.2275 | 56.5440 |