2019 GTQ to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GTQ to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GTQ to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 13.2059. Conversely, the yearly low was recorded on February 3, dropping to 12.4010.
This high-to-low spread represents a total annual volatility of 0.8049 CVE. From a start-to-finish perspective, comparing the January average rate of 12.5309 to the December average rate of 12.9702, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 13.2059 was up 1.45% compared to the 2018 peak of 13.0172, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GTQ 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 12.7209, compared to 12.9423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2213 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.3965 CVE (High: 13.2059 / Low: 12.8094). On the other end, May was the most stable month, with a tight range of 0.1391 CVE (High: 12.9549 / Low: 12.8158).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.1617 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 12.9392) against the same month in 2018 (average: 12.7631), the exchange rate shifted by +0.1761 (+1.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.6255 | 12.4132 | 12.5309 |
| February | 12.6647 | 12.4010 | 12.5720 |
| March | 12.8254 | 12.6140 | 12.7166 |
| April | 13.0284 | 12.7864 | 12.8738 |
| May | 12.9549 | 12.8158 | 12.8970 |
| June | 12.9201 | 12.6146 | 12.7353 |
| July | 12.9805 | 12.6171 | 12.8127 |
| August | 13.2059 | 12.8094 | 12.9392 |
| September | 13.1534 | 12.9526 | 13.0251 |
| October | 13.0873 | 12.7765 | 12.9030 |
| November | 13.1232 | 12.8883 | 13.0035 |
| December | 13.1461 | 12.8061 | 12.9702 |