YEARLY HIGH
0.0149 SGD
YEARLY LOW
0.0140 SGD
YEARLY AVERAGE
0.0144 SGD

2018 CVE to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0149. Conversely, the yearly low was recorded on December 4, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0009 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0141, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0149 was up 0.96% compared to the 2017 peak of 0.0147, 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 74 SGD
2017 Average 70 SGD
Yearly Trough Low 70 SGD
Transaction Impact: A difference of 4.40 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0148
0.0140
JanuMarcMayJulySeptNove

CVE to SGD 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 0.0145, compared to 0.0143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0143

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0005 SGD (High: 0.0145 / Low: 0.0141). On the other end, November was the most stable month, with a tight range of 0.0002 SGD (High: 0.0142 / Low: 0.0141).

May Spread (Volatile) ±0.0005
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0147) against the same month in 2017 (average: 0.0136), the exchange rate shifted by +0.0011 (+8.20%).

2018 Avg (February) 0.0147
2017 Avg (February) 0.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0148 0.0144 0.0146
February 0.0149 0.0146 0.0147
March 0.0148 0.0146 0.0147
April 0.0147 0.0145 0.0146
May 0.0145 0.0141 0.0143
June 0.0144 0.0141 0.0142
July 0.0145 0.0143 0.0144
August 0.0145 0.0141 0.0143
September 0.0146 0.0144 0.0145
October 0.0145 0.0142 0.0143
November 0.0142 0.0141 0.0142
December 0.0142 0.0140 0.0141