2018 ETB to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 3.5323. Conversely, the yearly low was recorded on February 17, dropping to 3.2199.
This high-to-low spread represents a total annual volatility of 0.3123 CVE. From a start-to-finish perspective, comparing the January average rate of 3.3077 to the December average rate of 3.4461, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 3.5323 was down 25.29% compared to the 2017 peak of 4.7283, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ETB to CVE 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 3.3242, compared to 3.4477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1235 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.1644 CVE (High: 3.3884 / Low: 3.2240). On the other end, July was the most stable month, with a tight range of 0.0576 CVE (High: 3.4608 / Low: 3.4032).
Growth Streaks & Declines
TrendsBetween February and June, 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 January and February, when the average rate fell by 0.0482 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2018: 3.4542) against the same month in 2017 (average: 3.6500), the exchange rate shifted by -0.1958 (-5.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.3884 | 3.2240 | 3.3077 |
| February | 3.2972 | 3.2199 | 3.2595 |
| March | 3.3016 | 3.2232 | 3.2632 |
| April | 3.3325 | 3.2542 | 3.2825 |
| May | 3.4624 | 3.3347 | 3.3942 |
| June | 3.4696 | 3.3845 | 3.4381 |
| July | 3.4608 | 3.4032 | 3.4305 |
| August | 3.5313 | 3.4201 | 3.4653 |
| September | 3.4571 | 3.3573 | 3.4195 |
| October | 3.5323 | 3.4184 | 3.4542 |
| November | 3.5127 | 3.4361 | 3.4708 |
| December | 3.4915 | 3.3952 | 3.4461 |