2013 ERN to CVE Historical Review

YEARLY HIGH

86.2698 CVE

YEARLY LOW

79.5160 CVE

YEARLY AVERAGE

82.9245 CVE

2013 ERN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ERN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 86.2698. Conversely, the yearly low was recorded on October 28, dropping to 79.5160.

This high-to-low spread represents a total annual volatility of 6.7538 CVE. From a start-to-finish perspective, comparing the January average rate of 82.9911 to the December average rate of 80.2994, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 86.2698 was down 6.07% compared to the 2012 peak of 91.8465, 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 431,349 CVE

2012 Average 429,920 CVE

Yearly Trough Low 397,580 CVE

Transaction Impact: A difference of 33,769.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

85.5925

79.8182

JanuMarcMayJulySeptNove

ERN to CVE 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 84.0060, compared to 81.8429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1632 points.

H1 Avg (Jan–Jun) 84.0060

H2 Avg (Jul–Dec) 81.8429

Volatility Range Comparison

Volatility

The most volatile month in 2013 was July, with a trading range of 3.9495 CVE (High: 86.2512 / Low: 82.3017). On the other end, November was the most stable month, with a tight range of 1.1660 CVE (High: 82.0272 / Low: 80.8612).

July Spread (Volatile) ±3.9495

November Spread (Stable) ±1.1660

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.7487 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.7487

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 85.1113) against the same month in 2012 (average: 83.5946), the exchange rate shifted by +1.5167 (+1.81%).

2013 Avg (March) 85.1113

2012 Avg (March) 83.5946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	84.1965	81.5719	82.9911
February	83.8514	80.9861	82.5408
March	86.2698	83.4110	85.1113
April	86.1483	84.0088	84.7985
May	86.0585	83.9184	84.9175
June	85.0554	82.6521	83.6770
July	86.2512	82.3017	84.3346
August	83.4433	81.7366	82.5858
September	83.1971	80.8753	81.9218
October	81.0999	79.5160	80.4560
November	82.0272	80.8612	81.4597
December	81.0998	79.7430	80.2994