2018 NZD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |