YEARLY HIGH
0.0111 CVE
YEARLY LOW
0.0103 CVE
YEARLY AVERAGE
0.0107 CVE

2019 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0111. Conversely, the yearly low was recorded on December 31, dropping to 0.0103.

This high-to-low spread represents a total annual volatility of 0.0008 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0105, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0111 was up 2.28% compared to the 2018 peak of 0.0109, 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 56 CVE
2018 Average 52 CVE
Yearly Trough Low 52 CVE
Transaction Impact: A difference of 4.04 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0109
0.0105
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 0.0107, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0006 CVE (High: 0.0111 / Low: 0.0105). On the other end, September was the most stable month, with a tight range of 0.0002 CVE (High: 0.0110 / Low: 0.0108).

November Spread (Volatile) ±0.0006
September Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0107) against the same month in 2018 (average: 0.0107), the exchange rate shifted by +0.0001 (+0.47%).

2019 Avg (November) 0.0107
2018 Avg (November) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0104 0.0106
February 0.0107 0.0105 0.0106
March 0.0108 0.0105 0.0107
April 0.0109 0.0106 0.0107
May 0.0109 0.0107 0.0108
June 0.0109 0.0106 0.0107
July 0.0108 0.0106 0.0107
August 0.0110 0.0107 0.0108
September 0.0110 0.0108 0.0109
October 0.0110 0.0107 0.0108
November 0.0111 0.0105 0.0107
December 0.0106 0.0103 0.0105