YEARLY HIGH
0.0817 HKD
YEARLY LOW
0.0774 HKD
YEARLY AVERAGE
0.0793 HKD

2019 CVE to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0817. Conversely, the yearly low was recorded on September 30, dropping to 0.0774.

This high-to-low spread represents a total annual volatility of 0.0043 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0810 to the December average rate of 0.0783, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0817 was down 7.55% compared to the 2018 peak of 0.0884, 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 408 HKD
2018 Average 419 HKD
Yearly Trough Low 387 HKD
Transaction Impact: A difference of 21.30 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0813
0.0778
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 0.0801, compared to 0.0785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0801
H2 Avg (Jul–Dec) 0.0785

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0019 HKD (High: 0.0798 / Low: 0.0779). On the other end, May was the most stable month, with a tight range of 0.0008 HKD (High: 0.0798 / Low: 0.0789).

August Spread (Volatile) ±0.0019
May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0810) against the same month in 2018 (average: 0.0861), the exchange rate shifted by -0.0051 (-5.96%).

2019 Avg (January) 0.0810
2018 Avg (January) 0.0861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0817 0.0804 0.0810
February 0.0814 0.0800 0.0806
March 0.0807 0.0796 0.0802
April 0.0801 0.0790 0.0797
May 0.0798 0.0789 0.0794
June 0.0803 0.0791 0.0798
July 0.0800 0.0786 0.0794
August 0.0798 0.0779 0.0790
September 0.0786 0.0774 0.0781
October 0.0791 0.0776 0.0783
November 0.0789 0.0775 0.0782
December 0.0790 0.0775 0.0783