2018 FJD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |