2018 BWP to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BWP to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BWP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 9.5805. Conversely, the yearly low was recorded on September 5, dropping to 8.6168.
This high-to-low spread represents a total annual volatility of 0.9636 CVE. From a start-to-finish perspective, comparing the January average rate of 9.3183 to the December average rate of 9.0856, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 9.5805 was down 5.18% compared to the 2017 peak of 10.1042, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BWP 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 9.3497, compared to 9.0461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3036 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.4700 CVE (High: 9.2667 / Low: 8.7967). On the other end, March was the most stable month, with a tight range of 0.1500 CVE (High: 9.4501 / Low: 9.3000).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.2706 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 9.4145) against the same month in 2017 (average: 9.6510), the exchange rate shifted by -0.2365 (-2.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.4359 | 9.2001 | 9.3183 |
| February | 9.5554 | 9.2600 | 9.3795 |
| March | 9.4501 | 9.3000 | 9.3807 |
| April | 9.4304 | 9.2541 | 9.3361 |
| May | 9.5805 | 9.3147 | 9.4145 |
| June | 9.4891 | 9.1465 | 9.2690 |
| July | 9.2736 | 9.1004 | 9.1786 |
| August | 9.2667 | 8.7967 | 9.0608 |
| September | 8.9530 | 8.6168 | 8.7902 |
| October | 9.1493 | 8.9031 | 9.0251 |
| November | 9.2538 | 9.0174 | 9.1362 |
| December | 9.3356 | 8.9604 | 9.0856 |