2018 SEK to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SEK to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SEK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 11.3764. Conversely, the yearly low was recorded on September 2, dropping to 10.3313.
This high-to-low spread represents a total annual volatility of 1.0451 CVE. From a start-to-finish perspective, comparing the January average rate of 11.2856 to the December average rate of 10.7508, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 11.3764 was down 3.26% compared to the 2017 peak of 11.7599, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SEK to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.9005, compared to 10.6638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2368 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 0.4614 CVE (High: 10.8376 / Low: 10.3762). On the other end, October was the most stable month, with a tight range of 0.1825 CVE (High: 10.7222 / Low: 10.5397).
Growth Streaks & Declines
TrendsBetween August and December, 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 February and March, when the average rate fell by 0.2512 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 11.2856) against the same month in 2017 (average: 11.6164), the exchange rate shifted by -0.3309 (-2.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.3764 | 11.1680 | 11.2856 |
| February | 11.3193 | 10.9422 | 11.1400 |
| March | 11.0073 | 10.7249 | 10.8889 |
| April | 10.8269 | 10.4706 | 10.6590 |
| May | 10.8376 | 10.3762 | 10.6709 |
| June | 10.9073 | 10.5836 | 10.7589 |
| July | 10.8499 | 10.6080 | 10.7180 |
| August | 10.7749 | 10.3358 | 10.5590 |
| September | 10.7511 | 10.3313 | 10.5840 |
| October | 10.7222 | 10.5397 | 10.6457 |
| November | 10.8402 | 10.6215 | 10.7252 |
| December | 10.8748 | 10.6530 | 10.7508 |