YEARLY HIGH
0.4623 CVE
YEARLY LOW
0.2494 CVE
YEARLY AVERAGE
0.2641 CVE

2018 MRO to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.4623. Conversely, the yearly low was recorded on January 25, dropping to 0.2494.

This high-to-low spread represents a total annual volatility of 0.2128 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2559 to the December average rate of 0.2722, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4623 was up 56.70% compared to the 2017 peak of 0.2950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,311 CVE
2017 Average 1,363 CVE
Yearly Trough Low 1,247 CVE
Transaction Impact: A difference of 1,064.11 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2852
0.2492
JanuMarcMayJulySeptNove

MRO 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 0.2572, compared to 0.2710 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0139 points.

H1 Avg (Jan–Jun) 0.2572
H2 Avg (Jul–Dec) 0.2710

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.1952 CVE (High: 0.4623 / Low: 0.2671). On the other end, November was the most stable month, with a tight range of 0.0041 CVE (High: 0.2746 / Low: 0.2704).

October Spread (Volatile) ±0.1952
November Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between February and June, 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 October and November, when the average rate fell by 0.0100 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.2822) against the same month in 2017 (average: 0.2604), the exchange rate shifted by +0.0218 (+8.37%).

2018 Avg (October) 0.2822
2017 Avg (October) 0.2604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2624 0.2494 0.2559
February 0.2549 0.2495 0.2522
March 0.2549 0.2501 0.2523
April 0.2574 0.2509 0.2537
May 0.2679 0.2582 0.2626
June 0.2689 0.2616 0.2663
July 0.2681 0.2634 0.2656
August 0.2729 0.2648 0.2686
September 0.2674 0.2632 0.2655
October 0.4623 0.2671 0.2822
November 0.2746 0.2704 0.2722
December 0.2749 0.2703 0.2722