2018 NAD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NAD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 7.8100. Conversely, the yearly low was recorded on September 5, dropping to 6.2813.
This high-to-low spread represents a total annual volatility of 1.5287 CVE. From a start-to-finish perspective, comparing the January average rate of 7.4516 to the December average rate of 6.8274, the exchange rate registered a net change of -8.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 7.8100 was down 5.34% compared to the 2017 peak of 8.2502, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NAD to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.4471, compared to 6.7863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6608 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 0.6290 CVE (High: 7.1879 / Low: 6.5589). On the other end, January was the most stable month, with a tight range of 0.1747 CVE (High: 7.5382 / Low: 7.3635).
Growth Streaks & Declines
TrendsBetween September and November, 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 0.3528 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 7.5802) against the same month in 2017 (average: 7.8729), the exchange rate shifted by -0.2928 (-3.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.5382 | 7.3635 | 7.4516 |
| February | 7.8100 | 7.3572 | 7.5802 |
| March | 7.6467 | 7.4635 | 7.5713 |
| April | 7.6205 | 7.3060 | 7.4535 |
| May | 7.6274 | 7.3128 | 7.4634 |
| June | 7.5229 | 6.9205 | 7.1628 |
| July | 7.2205 | 6.8703 | 7.0296 |
| August | 7.1879 | 6.5589 | 6.8412 |
| September | 6.7050 | 6.2813 | 6.4884 |
| October | 6.7743 | 6.4683 | 6.6387 |
| November | 7.1003 | 6.7171 | 6.8927 |
| December | 7.1434 | 6.6532 | 6.8274 |