YEARLY HIGH
13.2059 CVE
YEARLY LOW
12.4010 CVE
YEARLY AVERAGE
12.8316 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 66,029 CVE
2018 Average 62,268 CVE
Yearly Trough Low 62,005 CVE
Transaction Impact: A difference of 4,024.55 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.0745
12.4815
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 12.7209
H2 Avg (Jul–Dec) 12.9423

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±0.3965
May Spread (Stable) ±0.1391

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 May and June, when the average rate fell by 0.1617 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1617

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (August) 12.9392
2018 Avg (August) 12.7631

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