2018 JPY to CVE Historical Review

YEARLY HIGH

0.8813 CVE

YEARLY LOW

0.8070 CVE

YEARLY AVERAGE

0.8486 CVE

2018 JPY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JPY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.8813. Conversely, the yearly low was recorded on February 2, dropping to 0.8070.

This high-to-low spread represents a total annual volatility of 0.0743 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8183 to the December average rate of 0.8665, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8813 was down 8.30% compared to the 2017 peak of 0.9611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 440,655 CVE

2017 Average 437,302 CVE

Yearly Trough Low 403,511 CVE

Transaction Impact: A difference of 37,143.73 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8713

0.8135

JanuMarcMayJulySeptNove

JPY 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 0.8411, compared to 0.8562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.8411

H2 Avg (Jul–Dec) 0.8562

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0440 CVE (High: 0.8510 / Low: 0.8070). On the other end, November was the most stable month, with a tight range of 0.0145 CVE (High: 0.8639 / Low: 0.8494).

February Spread (Volatile) ±0.0440

November Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between September and December, 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 August and September, when the average rate fell by 0.0166 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.8629) against the same month in 2017 (average: 0.8525), the exchange rate shifted by +0.0105 (+1.23%).

2018 Avg (August) 0.8629

2017 Avg (August) 0.8525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8308	0.8074	0.8183
February	0.8510	0.8070	0.8310
March	0.8561	0.8387	0.8466
April	0.8501	0.8306	0.8383
May	0.8796	0.8365	0.8517
June	0.8679	0.8429	0.8606
July	0.8607	0.8391	0.8491
August	0.8813	0.8475	0.8629
September	0.8588	0.8305	0.8463
October	0.8705	0.8367	0.8544
November	0.8639	0.8494	0.8577
December	0.8807	0.8541	0.8665