YEARLY HIGH
0.0109 CVE
YEARLY LOW
0.0098 CVE
YEARLY AVERAGE
0.0104 CVE

2018 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.0109. Conversely, the yearly low was recorded on January 25, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0010 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0106, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0109 was down 5.24% compared to the 2017 peak of 0.0115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54 CVE
2017 Average 54 CVE
Yearly Trough Low 49 CVE
Transaction Impact: A difference of 5.23 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0107
0.0099
JanuMarcMayJulySeptNove

GNF 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 0.0101, compared to 0.0106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0101
H2 Avg (Jul–Dec) 0.0106

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0005 CVE (High: 0.0103 / Low: 0.0098). On the other end, July was the most stable month, with a tight range of 0.0002 CVE (High: 0.0106 / Low: 0.0104).

January Spread (Volatile) ±0.0005
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0106) against the same month in 2017 (average: 0.0105), the exchange rate shifted by +0.0001 (+1.06%).

2018 Avg (August) 0.0106
2017 Avg (August) 0.0105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0103 0.0098 0.0101
February 0.0101 0.0098 0.0100
March 0.0101 0.0099 0.0100
April 0.0102 0.0099 0.0100
May 0.0106 0.0102 0.0104
June 0.0106 0.0103 0.0105
July 0.0106 0.0104 0.0105
August 0.0109 0.0104 0.0106
September 0.0106 0.0103 0.0105
October 0.0108 0.0105 0.0106
November 0.0108 0.0105 0.0107
December 0.0107 0.0105 0.0106