YEARLY HIGH
71.2486 CVE
YEARLY LOW
61.2219 CVE
YEARLY AVERAGE
66.7255 CVE

2018 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 71.2486. Conversely, the yearly low was recorded on December 30, dropping to 61.2219.

This high-to-low spread represents a total annual volatility of 10.0267 CVE. From a start-to-finish perspective, comparing the January average rate of 68.6978 to the December average rate of 61.9398, the exchange rate registered a net change of -9.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 71.2486 was down 4.73% compared to the 2017 peak of 74.7835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 356,243 CVE
2017 Average 355,057 CVE
Yearly Trough Low 306,109 CVE
Transaction Impact: A difference of 50,133.53 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

69.8641
61.2194
JanuMarcMayJulySeptNove

BND 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 68.1118, compared to 65.3392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7726 points.

H1 Avg (Jan–Jun) 68.1118
H2 Avg (Jul–Dec) 65.3392

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 9.5937 CVE (High: 71.2486 / Low: 61.6548). On the other end, April was the most stable month, with a tight range of 0.8284 CVE (High: 68.9270 / Low: 68.0985).

November Spread (Volatile) ±9.5937
April Spread (Stable) ±0.8284

Growth Streaks & Declines

Trends

Between February and May, 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 November and December, when the average rate fell by 5.1305 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.1305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 67.0703) against the same month in 2017 (average: 69.5800), the exchange rate shifted by -2.5097 (-3.61%).

2018 Avg (November) 67.0703
2017 Avg (November) 69.5800

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.5446 67.9248 68.6978
February 68.5986 67.3939 67.9127
March 68.5623 67.7205 68.2185
April 68.9270 68.0985 68.5084
May 70.4520 63.6501 69.1437
June 71.0664 61.7344 66.1899
July 70.6709 62.2281 66.8211
August 69.9736 62.5745 63.6164
September 69.1295 62.3570 64.2065
October 70.7445 67.6123 68.3813
November 71.2486 61.6548 67.0703
December 70.5172 61.2219 61.9398