YEARLY HIGH
71.5203 CVE
YEARLY LOW
67.2849 CVE
YEARLY AVERAGE
69.4372 CVE

2018 SGD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 71.5203. Conversely, the yearly low was recorded on February 4, dropping to 67.2849.

This high-to-low spread represents a total annual volatility of 4.2354 CVE. From a start-to-finish perspective, comparing the January average rate of 68.6984 to the December average rate of 70.8704, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 71.5203 was down 4.10% compared to the 2017 peak of 74.5747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 357,602 CVE
2017 Average 355,039 CVE
Yearly Trough Low 336,425 CVE
Transaction Impact: A difference of 21,176.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

71.1661
67.6177
JanuMarcMayJulySeptNove

SGD 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 68.8999, compared to 69.9745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0746 points.

H1 Avg (Jan–Jun) 68.8999
H2 Avg (Jul–Dec) 69.9745

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.2285 CVE (High: 71.1328 / Low: 68.9043). On the other end, March was the most stable month, with a tight range of 0.8490 CVE (High: 68.6141 / Low: 67.7651).

May Spread (Volatile) ±2.2285
March Spread (Stable) ±0.8490

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 June and July, when the average rate fell by 0.8683 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 70.8704) against the same month in 2017 (average: 69.4117), the exchange rate shifted by +1.4587 (+2.10%).

2018 Avg (December) 70.8704
2017 Avg (December) 69.4117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.4681 67.5341 68.6984
February 68.5634 67.2849 67.9134
March 68.6141 67.7651 68.2290
April 69.0771 68.1427 68.5418
May 71.1328 68.9043 69.7432
June 71.0849 69.3142 70.2736
July 69.9240 68.8446 69.4053
August 70.8682 68.9064 69.9648
September 69.6814 68.6864 69.1427
October 70.5888 69.0577 69.7961
November 71.1466 70.2429 70.6679
December 71.5203 70.4519 70.8704