2018 PEN to CVE Historical Review

YEARLY HIGH

29.6532 CVE

YEARLY LOW

27.3158 CVE

YEARLY AVERAGE

28.5076 CVE

2018 PEN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 29.6532. Conversely, the yearly low was recorded on February 19, dropping to 27.3158.

This high-to-low spread represents a total annual volatility of 2.3374 CVE. From a start-to-finish perspective, comparing the January average rate of 28.2349 to the December average rate of 28.8798, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 29.6532 was down 8.26% compared to the 2017 peak of 32.3237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,266 CVE

2017 Average 150,385 CVE

Yearly Trough Low 136,579 CVE

Transaction Impact: A difference of 11,687.08 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

29.2625

27.4398

JanuMarcMayJulySeptNove

PEN 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 28.1456, compared to 28.8696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7240 points.

H1 Avg (Jan–Jun) 28.1456

H2 Avg (Jul–Dec) 28.8696

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.2418 CVE (High: 28.8309 / Low: 27.5891). On the other end, November was the most stable month, with a tight range of 0.4541 CVE (High: 29.0175 / Low: 28.5634).

January Spread (Volatile) ±1.2418

November Spread (Stable) ±0.4541

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6432 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 29.1106) against the same month in 2017 (average: 28.8703), the exchange rate shifted by +0.2403 (+0.83%).

2018 Avg (August) 29.1106

2017 Avg (August) 28.8703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.8309	27.5891	28.2349
February	27.8344	27.3158	27.5917
March	27.8667	27.3555	27.6105
April	28.2674	27.6441	27.9259
May	29.1436	28.0927	28.5394
June	29.2130	28.5649	28.9711
July	29.0935	28.5518	28.8730
August	29.6532	28.6058	29.1106
September	28.8748	28.3880	28.6501
October	29.3067	28.5851	28.9003
November	29.0175	28.5634	28.8038
December	29.2931	28.5810	28.8798