YEARLY HIGH
0.0410 CVE
YEARLY LOW
0.0266 CVE
YEARLY AVERAGE
0.0272 CVE

2019 MGA to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MGA to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0410. Conversely, the yearly low was recorded on January 16, dropping to 0.0266.

This high-to-low spread represents a total annual volatility of 0.0144 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0272 to the December average rate of 0.0278, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0410 was up 39.76% compared to the 2018 peak of 0.0293, 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 205 CVE
2018 Average 140 CVE
Yearly Trough Low 133 CVE
Transaction Impact: A difference of 71.95 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0279
0.0267
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 0.0273, compared to 0.0271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0273
H2 Avg (Jul–Dec) 0.0271

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0143 CVE (High: 0.0410 / Low: 0.0267). On the other end, September was the most stable month, with a tight range of 0.0005 CVE (High: 0.0271 / Low: 0.0266).

December Spread (Volatile) ±0.0143
September Spread (Stable) ±0.0005

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 March and April, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0278) against the same month in 2018 (average: 0.0274), the exchange rate shifted by +0.0004 (+1.61%).

2019 Avg (December) 0.0278
2018 Avg (December) 0.0274

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0279 0.0266 0.0272
February 0.0279 0.0270 0.0275
March 0.0280 0.0274 0.0276
April 0.0277 0.0269 0.0273
May 0.0274 0.0268 0.0271
June 0.0272 0.0266 0.0269
July 0.0275 0.0266 0.0271
August 0.0272 0.0267 0.0269
September 0.0271 0.0266 0.0268
October 0.0275 0.0269 0.0272
November 0.0280 0.0268 0.0271
December 0.0410 0.0267 0.0278