YEARLY HIGH
67.7603 CVE
YEARLY LOW
61.8980 CVE
YEARLY AVERAGE
64.8127 CVE

2018 NZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 67.7603. Conversely, the yearly low was recorded on October 6, dropping to 61.8980.

This high-to-low spread represents a total annual volatility of 5.8623 CVE. From a start-to-finish perspective, comparing the January average rate of 65.8592 to the December average rate of 66.1234, the exchange rate registered a net change of 0.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 67.7603 was down 10.43% compared to the 2017 peak of 75.6536, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 338,802 CVE
2017 Average 348,552 CVE
Yearly Trough Low 309,490 CVE
Transaction Impact: A difference of 29,311.54 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

66.4803
62.1974
JanuMarcMayJulySeptNove

NZD 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 65.3933, compared to 64.2322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1612 points.

H1 Avg (Jan–Jun) 65.3933
H2 Avg (Jul–Dec) 64.2322

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 3.0477 CVE (High: 67.7603 / Low: 64.7126). On the other end, September was the most stable month, with a tight range of 1.0621 CVE (High: 63.0969 / Low: 62.0348).

December Spread (Volatile) ±3.0477
September Spread (Stable) ±1.0621

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.5033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 66.1234) against the same month in 2017 (average: 65.1048), the exchange rate shifted by +1.0186 (+1.56%).

2018 Avg (December) 66.1234
2017 Avg (December) 65.1048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.7350 64.7327 65.8592
February 65.9505 64.7103 65.4733
March 65.8761 64.6195 65.0795
April 66.2654 64.2689 65.2883
May 66.5074 63.8562 64.9305
June 66.6645 64.5556 65.7292
July 64.6952 63.4522 64.2259
August 64.4896 62.5618 63.8235
September 63.0969 62.0348 62.5543
October 63.9471 61.8980 62.8274
November 66.9265 64.6206 65.8385
December 67.7603 64.7126 66.1234