YEARLY HIGH
12.3651 CVE
YEARLY LOW
11.4229 CVE
YEARLY AVERAGE
11.8901 CVE

2018 SBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 12.3651. Conversely, the yearly low was recorded on February 15, dropping to 11.4229.

This high-to-low spread represents a total annual volatility of 0.9423 CVE. From a start-to-finish perspective, comparing the January average rate of 11.6877 to the December average rate of 12.0225, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.3651 was down 8.65% compared to the 2017 peak of 13.5367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,826 CVE
2017 Average 62,779 CVE
Yearly Trough Low 57,114 CVE
Transaction Impact: A difference of 4,711.38 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.2093
11.4911
JanuMarcMayJulySeptNove

SBD 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 11.7150, compared to 12.0651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3501 points.

H1 Avg (Jan–Jun) 11.7150
H2 Avg (Jul–Dec) 12.0651

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.5317 CVE (High: 12.2541 / Low: 11.7224). On the other end, November was the most stable month, with a tight range of 0.1928 CVE (High: 12.2537 / Low: 12.0609).

December Spread (Volatile) ±0.5317
November Spread (Stable) ±0.1928

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.1289 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 12.1408) against the same month in 2017 (average: 12.0862), the exchange rate shifted by +0.0545 (+0.45%).

2018 Avg (August) 12.1408
2017 Avg (August) 12.0862

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.9104 11.4474 11.6877
February 11.6950 11.4229 11.5588
March 11.6365 11.4307 11.5510
April 11.7655 11.4765 11.5885
May 12.0516 11.7917 11.9282
June 12.0711 11.7957 11.9757
July 12.0562 11.7826 11.9552
August 12.3651 11.9844 12.1408
September 12.1053 11.8944 12.0186
October 12.1868 11.9851 12.1042
November 12.2537 12.0609 12.1495
December 12.2541 11.7224 12.0225