YEARLY HIGH
37.5994 MGA
YEARLY LOW
24.3989 MGA
YEARLY AVERAGE
36.7695 MGA

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 187,997 MGA
2018 Average 178,294 MGA
Yearly Trough Low 121,994 MGA
Transaction Impact: A difference of 66,002.43 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

37.4097
36.0378
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 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.

H1 Avg (Jan–Jun) 36.6683
H2 Avg (Jul–Dec) 36.8708

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±13.0639
September Spread (Stable) ±0.6613

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6930

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 36.7601
2018 Avg (January) 35.7152

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