2019 HKD to CVE Historical Review

YEARLY HIGH

12.9152 CVE

YEARLY LOW

12.2416 CVE

YEARLY AVERAGE

12.6086 CVE

2019 HKD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 12.9152. Conversely, the yearly low was recorded on January 10, dropping to 12.2416.

This high-to-low spread represents a total annual volatility of 0.6736 CVE. From a start-to-finish perspective, comparing the January average rate of 12.3469 to the December average rate of 12.7786, the exchange rate registered a net change of 3.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.9152 was up 2.81% compared to the 2018 peak of 12.5616, 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 322,880 CVE

2018 Average 298,955 CVE

Yearly Trough Low 306,039 CVE

Transaction Impact: A difference of 16,840.93 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.8498

12.3012

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 12.4841, compared to 12.7331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2490 points.

H1 Avg (Jan–Jun) 12.4841

H2 Avg (Jul–Dec) 12.7331

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3022 CVE (High: 12.8343 / Low: 12.5321). On the other end, May was the most stable month, with a tight range of 0.1287 CVE (High: 12.6678 / Low: 12.5391).

August Spread (Volatile) ±0.3022

May Spread (Stable) ±0.1287

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 0.0699 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0699

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 12.8041) against the same month in 2018 (average: 12.0975), the exchange rate shifted by +0.7066 (+5.84%).

2019 Avg (September) 12.8041

2018 Avg (September) 12.0975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4411	12.2416	12.3469
February	12.5001	12.2853	12.4086
March	12.5581	12.3903	12.4622
April	12.6600	12.4822	12.5537
May	12.6678	12.5391	12.6016
June	12.6498	12.4484	12.5318
July	12.7206	12.4942	12.5986
August	12.8343	12.5321	12.6582
September	12.9152	12.7255	12.8041
October	12.8790	12.6485	12.7645
November	12.9053	12.6806	12.7946
December	12.9046	12.6660	12.7786