2018 BTN to CVE Historical Review

YEARLY HIGH

1.4584 CVE

YEARLY LOW

1.2909 CVE

YEARLY AVERAGE

1.3719 CVE

2018 BTN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BTN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.4584. Conversely, the yearly low was recorded on October 15, dropping to 1.2909.

This high-to-low spread represents a total annual volatility of 0.1675 CVE. From a start-to-finish perspective, comparing the January average rate of 1.4271 to the December average rate of 1.3755, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.4584 was down 9.96% compared to the 2017 peak of 1.6197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,292 CVE

2017 Average 7,535 CVE

Yearly Trough Low 6,454 CVE

Transaction Impact: A difference of 837.70 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4390

1.2967

JanuMarcMayJulySeptNove

BTN 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 1.3926, compared to 1.3512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0414 points.

H1 Avg (Jan–Jun) 1.3926

H2 Avg (Jul–Dec) 1.3512

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0717 CVE (High: 1.3953 / Low: 1.3235). On the other end, March was the most stable month, with a tight range of 0.0221 CVE (High: 1.3920 / Low: 1.3700).

November Spread (Volatile) ±0.0717

March Spread (Stable) ±0.0221

Growth Streaks & Declines

Trends

Between April and June, 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 0.0613 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.4271) against the same month in 2017 (average: 1.5263), the exchange rate shifted by -0.0992 (-6.50%).

2018 Avg (January) 1.4271

2017 Avg (January) 1.5263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4584	1.3936	1.4271
February	1.4078	1.3792	1.3925
March	1.3920	1.3700	1.3800
April	1.3913	1.3589	1.3737
May	1.4123	1.3666	1.3840
June	1.4102	1.3785	1.3982
July	1.3916	1.3619	1.3773
August	1.3956	1.3326	1.3772
September	1.3368	1.2919	1.3159
October	1.3340	1.2909	1.3085
November	1.3953	1.3235	1.3528
December	1.3891	1.3515	1.3755