2019 CVE to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 CVE to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the CVE to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2589.5661. Conversely, the yearly low was recorded on September 30, dropping to 2454.5020.
This high-to-low spread represents a total annual volatility of 135.0641 VEF. From a start-to-finish perspective, comparing the January average rate of 2566.6751 to the December average rate of 2491.5589, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 2589.5661 was down 2.20% compared to the 2018 peak of 2647.9217, 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 VEF 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 2538.0027, compared to 2493.3450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 44.6577 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 59.2165 VEF (High: 2518.8813 / Low: 2459.6649). On the other end, May was the most stable month, with a tight range of 25.2621 VEF (High: 2524.6780 / Low: 2499.4159).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 26.8055 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 2566.6751) against the same month in 2018 (average: 0.1113), the exchange rate shifted by +2566.5638 (+2305856.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2589.5661 | 2547.7420 | 2566.6751 |
| February | 2577.6726 | 2533.0035 | 2551.8033 |
| March | 2555.1429 | 2520.5293 | 2540.3097 |
| April | 2538.7422 | 2502.3932 | 2523.1690 |
| May | 2524.6780 | 2499.4159 | 2512.5900 |
| June | 2555.5699 | 2506.1789 | 2533.4692 |
| July | 2545.5561 | 2498.6188 | 2524.7999 |
| August | 2527.4770 | 2468.8290 | 2503.5578 |
| September | 2490.6423 | 2454.5020 | 2476.7522 |
| October | 2504.9157 | 2460.2737 | 2482.5017 |
| November | 2500.5046 | 2459.6649 | 2480.8993 |
| December | 2518.8813 | 2459.6649 | 2491.5589 |