2013 HNL to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 HNL to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the HNL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 4.5294. Conversely, the yearly low was recorded on October 28, dropping to 3.8925.
This high-to-low spread represents a total annual volatility of 0.6369 CVE. From a start-to-finish perspective, comparing the January average rate of 4.1712 to the December average rate of 3.9330, the exchange rate registered a net change of -5.71% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 4.5294 was down 5.93% compared to the 2012 peak of 4.8148, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
HNL 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 4.2495, compared to 4.0136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2360 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was May, with a trading range of 0.3314 CVE (High: 4.5294 / Low: 4.1980). On the other end, December was the most stable month, with a tight range of 0.0659 CVE (High: 3.9633 / Low: 3.8974).
Growth Streaks & Declines
TrendsBetween February and May, 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 May and June, when the average rate fell by 0.2617 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2013: 4.3888) against the same month in 2012 (average: 4.5186), the exchange rate shifted by -0.1298 (-2.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.2346 | 4.0975 | 4.1712 |
| February | 4.2071 | 4.0643 | 4.1410 |
| March | 4.3952 | 4.2018 | 4.3061 |
| April | 4.3992 | 4.3221 | 4.3631 |
| May | 4.5294 | 4.1980 | 4.3888 |
| June | 4.1995 | 4.0754 | 4.1271 |
| July | 4.2501 | 4.0357 | 4.1578 |
| August | 4.0917 | 4.0122 | 4.0509 |
| September | 4.0839 | 3.9560 | 4.0205 |
| October | 3.9677 | 3.8925 | 3.9364 |
| November | 4.0301 | 3.9410 | 3.9830 |
| December | 3.9633 | 3.8974 | 3.9330 |