2019 PEN to CVE Historical Review

YEARLY HIGH

30.1822 CVE

YEARLY LOW

28.6346 CVE

YEARLY AVERAGE

29.6127 CVE

2019 PEN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 30.1822. Conversely, the yearly low was recorded on January 1, dropping to 28.6346.

This high-to-low spread represents a total annual volatility of 1.5475 CVE. From a start-to-finish perspective, comparing the January average rate of 28.9619 to the December average rate of 29.7555, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 30.1822 was up 1.78% compared to the 2018 peak of 29.6532, 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 150,911 CVE

2018 Average 142,571 CVE

Yearly Trough Low 143,173 CVE

Transaction Impact: A difference of 7,737.65 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

29.9935

28.8681

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 29.4773, compared to 29.7481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2708 points.

H1 Avg (Jan–Jun) 29.4773

H2 Avg (Jul–Dec) 29.7481

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.0092 CVE (High: 30.0548 / Low: 29.0456). On the other end, October was the most stable month, with a tight range of 0.2279 CVE (High: 29.9254 / Low: 29.6974).

August Spread (Volatile) ±1.0092

October Spread (Stable) ±0.2279

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.5110 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 29.8964) against the same month in 2018 (average: 28.6501), the exchange rate shifted by +1.2463 (+4.35%).

2019 Avg (September) 29.8964

2018 Avg (September) 28.6501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.1983	28.6346	28.9619
February	29.4986	28.9821	29.3157
March	29.8046	29.4249	29.5954
April	29.9273	29.6753	29.8117
May	29.8619	29.4039	29.6970
June	29.6298	29.2796	29.4821
July	30.1672	29.6485	29.8997
August	30.0548	29.0456	29.3887
September	30.1822	29.5943	29.8964
October	29.9254	29.6974	29.8135
November	29.9441	29.5519	29.7350
December	30.1107	29.3748	29.7555