YEARLY HIGH
0.0142 SGD
YEARLY LOW
0.0135 SGD
YEARLY AVERAGE
0.0138 SGD

2019 CVE to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0142. Conversely, the yearly low was recorded on December 1, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0006 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0136, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0142 was down 4.71% compared to the 2018 peak of 0.0149, 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 71 SGD
2018 Average 72 SGD
Yearly Trough Low 68 SGD
Transaction Impact: A difference of 3.14 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0140
0.0136
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 0.0139, compared to 0.0137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0139
H2 Avg (Jul–Dec) 0.0137

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0003 SGD (High: 0.0141 / Low: 0.0138). On the other end, November was the most stable month, with a tight range of 0.0001 SGD (High: 0.0137 / Low: 0.0135).

August Spread (Volatile) ±0.0003
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0140) against the same month in 2018 (average: 0.0146), the exchange rate shifted by -0.0005 (-3.77%).

2019 Avg (January) 0.0140
2018 Avg (January) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0142 0.0139 0.0140
February 0.0140 0.0138 0.0139
March 0.0139 0.0137 0.0138
April 0.0138 0.0137 0.0138
May 0.0140 0.0138 0.0139
June 0.0140 0.0138 0.0139
July 0.0139 0.0137 0.0138
August 0.0141 0.0138 0.0140
September 0.0138 0.0136 0.0138
October 0.0137 0.0136 0.0137
November 0.0137 0.0135 0.0136
December 0.0137 0.0135 0.0136