YEARLY HIGH
37.8970 MGA
YEARLY LOW
34.0993 MGA
YEARLY AVERAGE
35.6602 MGA

2018 CVE to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 37.8970. Conversely, the yearly low was recorded on August 20, dropping to 34.0993.

This high-to-low spread represents a total annual volatility of 3.7977 MGA. From a start-to-finish perspective, comparing the January average rate of 35.7152 to the December average rate of 36.5490, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 37.8970 was up 7.14% compared to the 2017 peak of 35.3705, 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 189,485 MGA
2017 Average 159,401 MGA
Yearly Trough Low 170,497 MGA
Transaction Impact: A difference of 18,988.48 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

37.2742
34.2895
JanuMarcMayJulySeptNove

CVE to MGA 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 35.3688, compared to 35.9516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5827 points.

H1 Avg (Jan–Jun) 35.3688
H2 Avg (Jul–Dec) 35.9516

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.9966 MGA (High: 37.8970 / Low: 35.9004). On the other end, May was the most stable month, with a tight range of 0.8811 MGA (High: 35.3336 / Low: 34.4525).

December Spread (Volatile) ±1.9966
May Spread (Stable) ±0.8811

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.8128 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 36.5490) against the same month in 2017 (average: 34.5284), the exchange rate shifted by +2.0206 (+5.85%).

2018 Avg (December) 36.5490
2017 Avg (December) 34.5284

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.2554 35.0282 35.7152
February 36.3437 34.4353 35.3546
March 36.0473 34.2053 35.1096
April 36.2821 35.0592 35.6563
May 35.3336 34.4525 34.8896
June 36.4482 34.6759 35.4877
July 35.8427 34.5921 35.3510
August 35.2901 34.0993 34.5382
September 36.3300 35.1248 35.8828
October 37.1383 35.9463 36.3629
November 37.7424 36.2514 37.0255
December 37.8970 35.9004 36.5490