YEARLY HIGH
28.6874 CVE
YEARLY LOW
22.7024 CVE
YEARLY AVERAGE
25.7733 CVE

2018 BRL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BRL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 28.6874. Conversely, the yearly low was recorded on September 13, dropping to 22.7024.

This high-to-low spread represents a total annual volatility of 5.9851 CVE. From a start-to-finish perspective, comparing the January average rate of 28.3045 to the December average rate of 24.9754, the exchange rate registered a net change of -11.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 28.6874 was down 16.13% compared to the 2017 peak of 34.2059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 717,186 CVE
2017 Average 768,627 CVE
Yearly Trough Low 567,559 CVE
Transaction Impact: A difference of 149,626.64 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

28.8210
22.6233
JanuMarcMayJulySeptNove

BRL 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 26.7619, compared to 24.7847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9772 points.

H1 Avg (Jan–Jun) 26.7619
H2 Avg (Jul–Dec) 24.7847

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 2.9866 CVE (High: 26.7433 / Low: 23.7567). On the other end, December was the most stable month, with a tight range of 0.6661 CVE (High: 25.3686 / Low: 24.7025).

October Spread (Volatile) ±2.9866
December Spread (Stable) ±0.6661

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 1.3180 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 28.3045) against the same month in 2017 (average: 32.5114), the exchange rate shifted by -4.2069 (-12.94%).

2018 Avg (January) 28.3045
2017 Avg (January) 32.5114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.6874 27.8339 28.3045
February 28.0330 27.1649 27.6033
March 27.9031 26.7877 27.3667
April 27.2060 26.0741 26.4768
May 26.2971 25.0285 25.7271
June 25.5502 23.9992 25.0928
July 25.5688 24.0690 24.7715
August 25.7595 22.8116 24.4577
September 23.5555 22.7024 23.1398
October 26.7433 23.7567 25.6342
November 26.3145 24.7387 25.7297
December 25.3686 24.7025 24.9754