2018 BND to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |