YEARLY HIGH
0.0884 HKD
YEARLY LOW
0.0796 HKD
YEARLY AVERAGE
0.0837 HKD

2018 CVE to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0884. Conversely, the yearly low was recorded on December 16, dropping to 0.0796.

This high-to-low spread represents a total annual volatility of 0.0088 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0861 to the December average rate of 0.0805, the exchange rate registered a net change of -6.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0884 was up 3.95% compared to the 2017 peak of 0.0850, 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 442 HKD
2017 Average 398 HKD
Yearly Trough Low 398 HKD
Transaction Impact: A difference of 43.77 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0881
0.0798
JanuMarcMayJulySeptNove

CVE to HKD 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 0.0858, compared to 0.0817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0858
H2 Avg (Jul–Dec) 0.0817

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0040 HKD (High: 0.0883 / Low: 0.0842). On the other end, September was the most stable month, with a tight range of 0.0011 HKD (High: 0.0832 / Low: 0.0822).

January Spread (Volatile) ±0.0040
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.0874) against the same month in 2017 (average: 0.0750), the exchange rate shifted by +0.0123 (+16.44%).

2018 Avg (March) 0.0874
2017 Avg (March) 0.0750

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0883 0.0842 0.0861
February 0.0882 0.0862 0.0873
March 0.0884 0.0863 0.0874
April 0.0878 0.0857 0.0870
May 0.0854 0.0823 0.0840
June 0.0842 0.0821 0.0828
July 0.0837 0.0823 0.0830
August 0.0830 0.0805 0.0820
September 0.0832 0.0822 0.0827
October 0.0822 0.0803 0.0814
November 0.0811 0.0799 0.0806
December 0.0812 0.0796 0.0805