2019 CVE to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 CVE to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the CVE to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 37.5994. Conversely, the yearly low was recorded on December 16, dropping to 24.3989.
This high-to-low spread represents a total annual volatility of 13.2005 MGA. From a start-to-finish perspective, comparing the January average rate of 36.7601 to the December average rate of 36.1521, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 37.5994 was down 0.79% compared to the 2018 peak of 37.8970, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 36.6683, compared to 36.8708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2025 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 13.0639 MGA (High: 37.4628 / Low: 24.3989). On the other end, September was the most stable month, with a tight range of 0.6613 MGA (High: 37.5839 / Low: 36.9227).
Growth Streaks & Declines
TrendsBetween March and June, 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 November and December, when the average rate fell by 0.6930 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 36.7601) against the same month in 2018 (average: 35.7152), the exchange rate shifted by +1.0448 (+2.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 37.5994 | 35.9008 | 36.7601 |
| February | 37.0807 | 35.8896 | 36.3149 |
| March | 36.5012 | 35.7692 | 36.2092 |
| April | 37.1254 | 36.1648 | 36.6863 |
| May | 37.3371 | 36.5602 | 36.8468 |
| June | 37.5688 | 36.8019 | 37.1923 |
| July | 37.5436 | 36.3545 | 36.9534 |
| August | 37.4879 | 36.7219 | 37.1541 |
| September | 37.5839 | 36.9227 | 37.2954 |
| October | 37.1303 | 36.3636 | 36.8245 |
| November | 37.3599 | 35.7139 | 36.8451 |
| December | 37.4628 | 24.3989 | 36.1521 |