YEARLY HIGH
2.0165 CVE
YEARLY LOW
1.9249 CVE
YEARLY AVERAGE
1.9723 CVE

2019 GMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2.0165. Conversely, the yearly low was recorded on December 31, dropping to 1.9249.

This high-to-low spread represents a total annual volatility of 0.0916 CVE. From a start-to-finish perspective, comparing the January average rate of 1.9558 to the December average rate of 1.9429, the exchange rate registered a net change of -0.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.0165 was down 0.58% compared to the 2018 peak of 2.0282, 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 10,082 CVE
2018 Average 9,743 CVE
Yearly Trough Low 9,624 CVE
Transaction Impact: A difference of 457.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.9976
1.9379
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 1.9750, compared to 1.9696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 1.9750
H2 Avg (Jul–Dec) 1.9696

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0588 CVE (High: 2.0000 / Low: 1.9412). On the other end, May was the most stable month, with a tight range of 0.0206 CVE (High: 2.0027 / Low: 1.9821).

October Spread (Volatile) ±0.0588
May Spread (Stable) ±0.0206

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0187 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 1.9917) against the same month in 2018 (average: 1.9536), the exchange rate shifted by +0.0381 (+1.95%).

2019 Avg (September) 1.9917
2018 Avg (September) 1.9536

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9721 1.9384 1.9558
February 1.9798 1.9475 1.9655
March 1.9874 1.9577 1.9714
April 2.0008 1.9756 1.9863
May 2.0027 1.9821 1.9926
June 2.0066 1.9564 1.9784
July 1.9890 1.9624 1.9740
August 1.9940 1.9618 1.9791
September 2.0165 1.9773 1.9917
October 2.0000 1.9412 1.9730
November 1.9739 1.9402 1.9567
December 1.9739 1.9249 1.9429