YEARLY HIGH
14.2091 CVE
YEARLY LOW
12.8154 CVE
YEARLY AVERAGE
13.5601 CVE

2018 BOB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 14.2091. Conversely, the yearly low was recorded on January 25, dropping to 12.8154.

This high-to-low spread represents a total annual volatility of 1.3937 CVE. From a start-to-finish perspective, comparing the January average rate of 13.1374 to the December average rate of 14.0588, the exchange rate registered a net change of 7.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.2091 was down 7.03% compared to the 2017 peak of 15.2838, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 71,045 CVE
2017 Average 70,692 CVE
Yearly Trough Low 64,077 CVE
Transaction Impact: A difference of 6,968.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.1828
12.8608
JanuMarcMayJulySeptNove

BOB 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 13.2287, compared to 13.8915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6628 points.

H1 Avg (Jan–Jun) 13.2287
H2 Avg (Jul–Dec) 13.8915

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.6313 CVE (High: 13.4467 / Low: 12.8154). On the other end, November was the most stable month, with a tight range of 0.2299 CVE (High: 14.1923 / Low: 13.9624).

January Spread (Volatile) ±0.6313
November Spread (Stable) ±0.2299

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.1664 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 14.0588) against the same month in 2017 (average: 13.5170), the exchange rate shifted by +0.5419 (+4.01%).

2018 Avg (December) 14.0588
2017 Avg (December) 13.5170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4467 12.8154 13.1374
February 13.1331 12.8376 12.9710
March 13.1305 12.8524 12.9844
April 13.2431 12.9293 13.0559
May 13.7946 13.2726 13.5151
June 13.8438 13.4955 13.7081
July 13.8004 13.5628 13.7005
August 14.1155 13.6807 13.8675
September 13.8326 13.5646 13.7112
October 14.1656 13.7942 13.9380
November 14.1923 13.9624 14.0727
December 14.2091 13.9628 14.0588