2018 SGD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |