YEARLY HIGH
12.3606 CVE
YEARLY LOW
11.6780 CVE
YEARLY AVERAGE
12.0480 CVE

2019 SBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 12.3606. Conversely, the yearly low was recorded on January 2, dropping to 11.6780.

This high-to-low spread represents a total annual volatility of 0.6826 CVE. From a start-to-finish perspective, comparing the January average rate of 11.9407 to the December average rate of 12.0397, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.3606 was down 0.04% compared to the 2018 peak of 12.3651, 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 61,803 CVE
2018 Average 59,462 CVE
Yearly Trough Low 58,390 CVE
Transaction Impact: A difference of 3,413.15 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.2011
11.9002
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 12.0110, compared to 12.0849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 12.0110
H2 Avg (Jul–Dec) 12.0849

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.5208 CVE (High: 12.1987 / Low: 11.6780). On the other end, February was the most stable month, with a tight range of 0.2519 CVE (High: 12.1246 / Low: 11.8728).

January Spread (Volatile) ±0.5208
February Spread (Stable) ±0.2519

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.1565 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 12.1398) against the same month in 2018 (average: 12.1408), the exchange rate shifted by -0.0009 (-0.01%).

2019 Avg (August) 12.1398
2018 Avg (August) 12.1408

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1987 11.6780 11.9407
February 12.1246 11.8728 12.0035
March 12.2612 11.9364 12.0352
April 12.3133 11.9406 12.0797
May 12.2653 11.9914 12.0818
June 12.0945 11.7977 11.9253
July 12.1433 11.8019 11.9430
August 12.3606 11.9584 12.1398
September 12.3606 12.0065 12.1760
October 12.2443 11.9599 12.1027
November 12.2431 11.9810 12.1083
December 12.2390 11.8800 12.0397