2019 CVE to BRL Historical Review

YEARLY HIGH

0.0423 BRL

YEARLY LOW

0.0377 BRL

YEARLY AVERAGE

0.0399 BRL

2019 CVE to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0423. Conversely, the yearly low was recorded on January 31, dropping to 0.0377.

This high-to-low spread represents a total annual volatility of 0.0047 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0386 to the December average rate of 0.0412, the exchange rate registered a net change of 6.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0423 was down 3.87% compared to the 2018 peak of 0.0440, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212 BRL

2018 Average 195 BRL

Yearly Trough Low 188 BRL

Transaction Impact: A difference of 23.30 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0418

0.0379

JanuMarcMayJulySeptNove

CVE to BRL 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 0.0393, compared to 0.0406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0393

H2 Avg (Jul–Dec) 0.0406

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0032 BRL (High: 0.0419 / Low: 0.0387). On the other end, June was the most stable month, with a tight range of 0.0009 BRL (High: 0.0398 / Low: 0.0389).

August Spread (Volatile) ±0.0032

June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0415) against the same month in 2018 (average: 0.0389), the exchange rate shifted by +0.0026 (+6.76%).

2019 Avg (November) 0.0415

2018 Avg (November) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0402	0.0377	0.0386
February	0.0387	0.0377	0.0382
March	0.0407	0.0387	0.0393
April	0.0404	0.0389	0.0396
May	0.0413	0.0396	0.0404
June	0.0398	0.0389	0.0394
July	0.0394	0.0379	0.0384
August	0.0419	0.0387	0.0405
September	0.0417	0.0405	0.0411
October	0.0417	0.0400	0.0408
November	0.0423	0.0400	0.0415
December	0.0422	0.0406	0.0412