YEARLY HIGH
0.0160 NZD
YEARLY LOW
0.0148 NZD
YEARLY AVERAGE
0.0154 NZD

2019 CVE to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0160. Conversely, the yearly low was recorded on March 26, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0012 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0152 to the December average rate of 0.0152, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0160 was down 0.94% compared to the 2018 peak of 0.0162, 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 80 NZD
2018 Average 77 NZD
Yearly Trough Low 74 NZD
Transaction Impact: A difference of 6.02 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0158
0.0149
JanuMarcMayJulySeptNove

CVE to NZD 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 0.0152, compared to 0.0155 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0007 NZD (High: 0.0156 / Low: 0.0150). On the other end, October was the most stable month, with a tight range of 0.0002 NZD (High: 0.0159 / Low: 0.0157).

January Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.0157) against the same month in 2018 (average: 0.0160), the exchange rate shifted by -0.0003 (-1.63%).

2019 Avg (September) 0.0157
2018 Avg (September) 0.0160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0156 0.0150 0.0152
February 0.0153 0.0148 0.0150
March 0.0151 0.0148 0.0150
April 0.0154 0.0149 0.0151
May 0.0155 0.0152 0.0154
June 0.0157 0.0152 0.0154
July 0.0154 0.0150 0.0152
August 0.0159 0.0154 0.0157
September 0.0160 0.0155 0.0157
October 0.0159 0.0157 0.0158
November 0.0158 0.0154 0.0156
December 0.0154 0.0150 0.0152