2019 NZD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NZD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 67.5680. Conversely, the yearly low was recorded on September 21, dropping to 62.4859.
This high-to-low spread represents a total annual volatility of 5.0821 CVE. From a start-to-finish perspective, comparing the January average rate of 65.6492 to the December average rate of 65.8294, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 67.5680 was down 0.28% compared to the 2018 peak of 67.7603, 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 2019.
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 65.8043, compared to 64.4199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3844 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 2.8196 CVE (High: 66.8562 / Low: 64.0366). On the other end, October was the most stable month, with a tight range of 0.8972 CVE (High: 63.8666 / Low: 62.9693).
Growth Streaks & Declines
TrendsBetween January and March, 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 July and August, when the average rate fell by 1.8538 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 66.8537) against the same month in 2018 (average: 65.0795), the exchange rate shifted by +1.7741 (+2.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 66.8562 | 64.0366 | 65.6492 |
| February | 67.3408 | 65.5618 | 66.5512 |
| March | 67.5680 | 66.1003 | 66.8537 |
| April | 66.9182 | 65.1334 | 66.1058 |
| May | 65.7369 | 64.4336 | 64.9117 |
| June | 65.5925 | 63.7560 | 64.7545 |
| July | 66.7013 | 64.8823 | 65.7106 |
| August | 65.0810 | 62.8798 | 63.8568 |
| September | 64.5314 | 62.4859 | 63.5945 |
| October | 63.8666 | 62.9693 | 63.4676 |
| November | 64.8908 | 63.3544 | 64.0607 |
| December | 66.7893 | 64.9783 | 65.8294 |