YEARLY HIGH
0.2836 CVE
YEARLY LOW
0.2688 CVE
YEARLY AVERAGE
0.2767 CVE

2019 MRO to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MRO to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.2836. Conversely, the yearly low was recorded on January 10, dropping to 0.2688.

This high-to-low spread represents a total annual volatility of 0.0148 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2712 to the December average rate of 0.2794, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2836 was down 38.65% compared to the 2018 peak of 0.4623, 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 1,418 CVE
2018 Average 1,321 CVE
Yearly Trough Low 1,344 CVE
Transaction Impact: A difference of 73.95 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2820
0.2702
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 0.2743, compared to 0.2792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.2743
H2 Avg (Jul–Dec) 0.2792

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0067 CVE (High: 0.2830 / Low: 0.2763). On the other end, May was the most stable month, with a tight range of 0.0028 CVE (High: 0.2785 / Low: 0.2757).

December Spread (Volatile) ±0.0067
May Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0023 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.2810) against the same month in 2018 (average: 0.2655), the exchange rate shifted by +0.0156 (+5.86%).

2019 Avg (September) 0.2810
2018 Avg (September) 0.2655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2732 0.2688 0.2712
February 0.2748 0.2700 0.2728
March 0.2761 0.2724 0.2740
April 0.2782 0.2742 0.2759
May 0.2785 0.2757 0.2770
June 0.2777 0.2724 0.2747
July 0.2786 0.2734 0.2757
August 0.2819 0.2754 0.2780
September 0.2836 0.2795 0.2810
October 0.2829 0.2779 0.2804
November 0.2830 0.2784 0.2806
December 0.2830 0.2763 0.2794