YEARLY HIGH
73.8865 CVE
YEARLY LOW
70.6087 CVE
YEARLY AVERAGE
72.4268 CVE

2019 SGD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 73.8865. Conversely, the yearly low was recorded on January 2, dropping to 70.6087.

This high-to-low spread represents a total annual volatility of 3.2779 CVE. From a start-to-finish perspective, comparing the January average rate of 71.3875 to the December average rate of 73.5219, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 73.8865 was up 3.31% compared to the 2018 peak of 71.5203, 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 369,433 CVE
2018 Average 347,237 CVE
Yearly Trough Low 353,043 CVE
Transaction Impact: A difference of 16,389.30 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

73.7716
71.1707
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 72.0562, compared to 72.7974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7411 points.

H1 Avg (Jan–Jun) 72.0562
H2 Avg (Jul–Dec) 72.7974

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.5978 CVE (High: 72.5405 / Low: 70.9428). On the other end, April was the most stable month, with a tight range of 0.6987 CVE (High: 72.9333 / Low: 72.2346).

August Spread (Volatile) ±1.5978
April Spread (Stable) ±0.6987

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.6232 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 73.5219) against the same month in 2018 (average: 70.8704), the exchange rate shifted by +2.6515 (+3.74%).

2019 Avg (December) 73.5219
2018 Avg (December) 70.8704

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.9337 70.6087 71.3875
February 72.3734 71.3809 71.9353
March 72.7797 71.7606 72.2383
April 72.9333 72.2346 72.6215
May 72.7194 71.5702 72.1540
June 72.4002 71.5545 72.0010
July 72.7531 71.9678 72.2837
August 72.5405 70.9428 71.6605
September 73.3615 72.2961 72.7132
October 73.4536 72.7307 73.0500
November 73.8633 73.1586 73.5548
December 73.8865 73.1391 73.5219