YEARLY HIGH
48.7093 CVE
YEARLY LOW
44.0632 CVE
YEARLY AVERAGE
46.5979 CVE

2018 BZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 48.7093. Conversely, the yearly low was recorded on January 25, dropping to 44.0632.

This high-to-low spread represents a total annual volatility of 4.6461 CVE. From a start-to-finish perspective, comparing the January average rate of 45.1836 to the December average rate of 48.1993, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 48.7093 was down 7.28% compared to the 2017 peak of 52.5334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 243,546 CVE
2017 Average 243,846 CVE
Yearly Trough Low 220,316 CVE
Transaction Impact: A difference of 23,230.51 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

48.6208
44.2222
JanuMarcMayJulySeptNove

BZD 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 45.4852, compared to 47.7106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2254 points.

H1 Avg (Jan–Jun) 45.4852
H2 Avg (Jul–Dec) 47.7106

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 2.1643 CVE (High: 46.2274 / Low: 44.0632). On the other end, November was the most stable month, with a tight range of 0.7873 CVE (High: 48.6539 / Low: 47.8666).

January Spread (Volatile) ±2.1643
November Spread (Stable) ±0.7873

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 0.5949 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 48.1993) against the same month in 2017 (average: 46.4797), the exchange rate shifted by +1.7195 (+3.70%).

2018 Avg (December) 48.1993
2017 Avg (December) 46.4797

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.2274 44.0632 45.1836
February 45.1460 44.1460 44.5888
March 45.1413 44.2153 44.6585
April 45.5330 44.4839 44.8817
May 47.4231 45.6054 46.4658
June 47.5916 46.3958 47.1328
July 47.4423 46.6254 47.0576
August 48.5306 47.0159 47.6701
September 47.5543 46.6827 47.1637
October 48.6938 47.4153 47.9186
November 48.6539 47.8666 48.2542
December 48.7093 47.8655 48.1993