2019 CVE to ETB Historical Review

YEARLY HIGH

0.3240 ETB

YEARLY LOW

0.2878 ETB

YEARLY AVERAGE

0.2956 ETB

2019 CVE to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3240. Conversely, the yearly low was recorded on April 29, dropping to 0.2878.

This high-to-low spread represents a total annual volatility of 0.0362 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2929 to the December average rate of 0.3157, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3240 was up 4.32% compared to the 2018 peak of 0.3106, 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 1,620 ETB

2018 Average 1,477 ETB

Yearly Trough Low 1,439 ETB

Transaction Impact: A difference of 180.88 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3181

0.2894

JanuMarcMayJulySeptNove

CVE to ETB 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 0.2928, compared to 0.2984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.2928

H2 Avg (Jul–Dec) 0.2984

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0211 ETB (High: 0.3240 / Low: 0.3029). On the other end, May was the most stable month, with a tight range of 0.0044 ETB (High: 0.2947 / Low: 0.2903).

December Spread (Volatile) ±0.0211

May Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, 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 (December 2019: 0.3157) against the same month in 2018 (average: 0.2902), the exchange rate shifted by +0.0255 (+8.79%).

2019 Avg (December) 0.3157

2018 Avg (December) 0.2902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2971	0.2905	0.2929
February	0.2957	0.2900	0.2924
March	0.2939	0.2889	0.2918
April	0.2949	0.2878	0.2924
May	0.2947	0.2903	0.2921
June	0.2989	0.2897	0.2952
July	0.2985	0.2905	0.2943
August	0.2969	0.2885	0.2939
September	0.2954	0.2896	0.2929
October	0.2993	0.2895	0.2952
November	0.3035	0.2937	0.2987
December	0.3240	0.3029	0.3157