YEARLY HIGH
67.5680 CVE
YEARLY LOW
62.4859 CVE
YEARLY AVERAGE
65.1121 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 337,840 CVE
2018 Average 324,034 CVE
Yearly Trough Low 312,430 CVE
Transaction Impact: A difference of 25,410.43 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

67.1923
63.1290
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 65.8043, 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.

H1 Avg (Jan–Jun) 65.8043
H2 Avg (Jul–Dec) 64.4199

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±2.8196
October Spread (Stable) ±0.8972

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8538

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (March) 66.8537
2018 Avg (March) 65.0795

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