YEARLY HIGH
0.0293 CVE
YEARLY LOW
0.0264 CVE
YEARLY AVERAGE
0.0281 CVE

2018 MGA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MGA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 0.0293. Conversely, the yearly low was recorded on December 1, dropping to 0.0264.

This high-to-low spread represents a total annual volatility of 0.0029 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0274, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0293 was down 14.33% compared to the 2017 peak of 0.0342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147 CVE
2017 Average 157 CVE
Yearly Trough Low 132 CVE
Transaction Impact: A difference of 14.69 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0292
0.0268
JanuMarcMayJulySeptNove

MGA 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 0.0283, compared to 0.0278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0283
H2 Avg (Jul–Dec) 0.0278

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0015 CVE (High: 0.0290 / Low: 0.0275). On the other end, May was the most stable month, with a tight range of 0.0007 CVE (High: 0.0290 / Low: 0.0283).

February Spread (Volatile) ±0.0015
May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0290) against the same month in 2017 (average: 0.0316), the exchange rate shifted by -0.0026 (-8.26%).

2018 Avg (August) 0.0290
2017 Avg (August) 0.0316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0285 0.0276 0.0280
February 0.0290 0.0275 0.0283
March 0.0292 0.0277 0.0285
April 0.0285 0.0276 0.0280
May 0.0290 0.0283 0.0287
June 0.0288 0.0274 0.0282
July 0.0289 0.0279 0.0283
August 0.0293 0.0283 0.0290
September 0.0285 0.0275 0.0279
October 0.0278 0.0269 0.0275
November 0.0276 0.0265 0.0270
December 0.0279 0.0264 0.0274