YEARLY HIGH
46.5777 CVE
YEARLY LOW
43.6668 CVE
YEARLY AVERAGE
44.9928 CVE

2018 FJD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 46.5777. Conversely, the yearly low was recorded on March 27, dropping to 43.6668.

This high-to-low spread represents a total annual volatility of 2.9109 CVE. From a start-to-finish perspective, comparing the January average rate of 44.9344 to the December average rate of 45.7734, the exchange rate registered a net change of 1.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 46.5777 was down 9.16% compared to the 2017 peak of 51.2754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232,888 CVE
2017 Average 238,096 CVE
Yearly Trough Low 218,334 CVE
Transaction Impact: A difference of 14,554.50 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

46.0613
44.0318
JanuMarcMayJulySeptNove

FJD 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 44.7085, compared to 45.2771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5686 points.

H1 Avg (Jan–Jun) 44.7085
H2 Avg (Jul–Dec) 45.2771

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.6153 CVE (High: 46.5777 / Low: 44.9624). On the other end, April was the most stable month, with a tight range of 0.7127 CVE (High: 44.5305 / Low: 43.8179).

December Spread (Volatile) ±1.6153
April Spread (Stable) ±0.7127

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 0.7576 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 45.7734) against the same month in 2017 (average: 45.2524), the exchange rate shifted by +0.5210 (+1.15%).

2018 Avg (December) 45.7734
2017 Avg (December) 45.2524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.4312 44.3093 44.9344
February 44.8626 44.0122 44.4119
March 44.8735 43.6668 44.2018
April 44.5305 43.8179 44.2010
May 45.7205 44.1601 44.9173
June 45.9539 44.7129 45.5844
July 45.4352 44.7217 45.0887
August 45.9659 44.7949 45.3835
September 44.9791 44.1024 44.6260
October 45.5372 44.3162 44.8987
November 46.4576 45.0324 45.8921
December 46.5777 44.9624 45.7734