2018 ERN to CDF Historical Review

YEARLY HIGH

1658.9656 CDF

YEARLY LOW

1562.8816 CDF

YEARLY AVERAGE

1619.3790 CDF

2018 ERN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ERN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 1658.9656. Conversely, the yearly low was recorded on January 1, dropping to 1562.8816.

This high-to-low spread represents a total annual volatility of 96.0841 CDF. From a start-to-finish perspective, comparing the January average rate of 1601.2241 to the December average rate of 1625.6537, the exchange rate registered a net change of 1.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1658.9656 was up 0.36% compared to the 2017 peak of 1653.0055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,294,828 CDF

2017 Average 7,291,361 CDF

Yearly Trough Low 7,814,408 CDF

Transaction Impact: A difference of 480,420.29 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1638.8558

1597.8030

JanuMarcMayJulySeptNove

ERN to CDF 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 1612.2325, compared to 1626.5255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.2931 points.

H1 Avg (Jan–Jun) 1612.2325

H2 Avg (Jul–Dec) 1626.5255

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 93.4656 CDF (High: 1658.9656 / Low: 1565.5000). On the other end, June was the most stable month, with a tight range of 2.6771 CDF (High: 1616.0000 / Low: 1613.3229).

July Spread (Volatile) ±93.4656

June Spread (Stable) ±2.6771

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 7.3952 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.3952

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 1620.3546) against the same month in 2017 (average: 1554.8073), the exchange rate shifted by +65.5473 (+4.22%).

2018 Avg (July) 1620.3546

2017 Avg (July) 1554.8073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1613.3229	1562.8816	1601.2241
February	1626.1237	1600.0000	1610.6924
March	1623.5619	1607.5512	1617.1198
April	1616.0000	1608.0512	1614.8414
May	1616.0000	1613.3229	1614.7535
June	1616.0000	1613.3229	1614.7635
July	1658.9656	1565.5000	1620.3546
August	1642.6668	1615.0000	1626.6081
September	1644.3902	1625.0000	1635.4347
October	1642.7570	1610.0000	1628.0395
November	1644.2618	1610.0000	1623.0625
December	1641.7894	1610.0000	1625.6537