YEARLY HIGH
2.0282 CVE
YEARLY LOW
1.8198 CVE
YEARLY AVERAGE
1.9483 CVE

2018 GMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 2.0282. Conversely, the yearly low was recorded on January 25, dropping to 1.8198.

This high-to-low spread represents a total annual volatility of 0.2084 CVE. From a start-to-finish perspective, comparing the January average rate of 1.8921 to the December average rate of 1.9643, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.0282 was down 17.22% compared to the 2017 peak of 2.4500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,141 CVE
2017 Average 10,721 CVE
Yearly Trough Low 9,099 CVE
Transaction Impact: A difference of 1,042.21 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0193
1.8805
JanuMarcMayJulySeptNove

GMD 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 1.9301, compared to 1.9665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 1.9301
H2 Avg (Jul–Dec) 1.9665

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1284 CVE (High: 1.9482 / Low: 1.8198). On the other end, November was the most stable month, with a tight range of 0.0261 CVE (High: 1.9755 / Low: 1.9495).

January Spread (Volatile) ±0.1284
November Spread (Stable) ±0.0261

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0375 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 2.0077) against the same month in 2017 (average: 2.1434), the exchange rate shifted by -0.1356 (-6.33%).

2018 Avg (June) 2.0077
2017 Avg (June) 2.1434

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9482 1.8198 1.8921
February 1.9219 1.8526 1.8937
March 1.9222 1.8742 1.8967
April 1.9427 1.8925 1.9101
May 2.0219 1.9482 1.9803
June 2.0282 1.9773 2.0077
July 2.0205 1.9570 1.9829
August 2.0272 1.9683 1.9911
September 1.9883 1.9166 1.9536
October 1.9757 1.9277 1.9462
November 1.9755 1.9495 1.9612
December 1.9808 1.9515 1.9643