2018 HKD to CVE Historical Review

YEARLY HIGH

12.5616 CVE

YEARLY LOW

11.3171 CVE

YEARLY AVERAGE

11.9548 CVE

2018 HKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 12.5616. Conversely, the yearly low was recorded on March 26, dropping to 11.3171.

This high-to-low spread represents a total annual volatility of 1.2445 CVE. From a start-to-finish perspective, comparing the January average rate of 11.6126 to the December average rate of 12.4224, the exchange rate registered a net change of 6.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.5616 was down 7.54% compared to the 2017 peak of 13.5861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 314,040 CVE

2017 Average 314,694 CVE

Yearly Trough Low 282,928 CVE

Transaction Impact: A difference of 31,112.75 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.5203

11.3465

JanuMarcMayJulySeptNove

HKD 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 11.6644, compared to 12.2453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5810 points.

H1 Avg (Jan–Jun) 11.6644

H2 Avg (Jul–Dec) 12.2453

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.5434 CVE (High: 11.8705 / Low: 11.3271). On the other end, September was the most stable month, with a tight range of 0.1548 CVE (High: 12.1702 / Low: 12.0155).

January Spread (Volatile) ±0.5434

September Spread (Stable) ±0.1548

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1518 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 12.4224) against the same month in 2017 (average: 11.9606), the exchange rate shifted by +0.4618 (+3.86%).

2018 Avg (December) 12.4224

2017 Avg (December) 11.9606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8705	11.3271	11.6126
February	11.5959	11.3422	11.4608
March	11.5914	11.3171	11.4443
April	11.6686	11.3887	11.4936
May	12.1530	11.7100	11.9006
June	12.1813	11.8791	12.0742
July	12.1443	11.9464	12.0515
August	12.4267	12.0450	12.2017
September	12.1702	12.0155	12.0975
October	12.4574	12.1687	12.2863
November	12.5169	12.3319	12.4124
December	12.5616	12.3217	12.4224