YEARLY HIGH
128.2779 CVE
YEARLY LOW
121.6449 CVE
YEARLY AVERAGE
124.9898 CVE

2018 SHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 128.2779. Conversely, the yearly low was recorded on December 11, dropping to 121.6449.

This high-to-low spread represents a total annual volatility of 6.6331 CVE. From a start-to-finish perspective, comparing the January average rate of 125.4567 to the December average rate of 123.0961, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 128.2779 was down 3.54% compared to the 2017 peak of 132.9893, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 641,390 CVE
2017 Average 631,303 CVE
Yearly Trough Low 608,224 CVE
Transaction Impact: A difference of 33,165.34 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

127.1957
122.7234
JanuMarcMayJulySeptNove

SHP 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 125.7619, compared to 124.2177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5442 points.

H1 Avg (Jan–Jun) 125.7619
H2 Avg (Jul–Dec) 124.2177

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 4.0251 CVE (High: 127.5727 / Low: 123.5477). On the other end, May was the most stable month, with a tight range of 1.6597 CVE (High: 126.7459 / Low: 125.0862).

November Spread (Volatile) ±4.0251
May Spread (Stable) ±1.6597

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 2.2570 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.2570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 126.8230) against the same month in 2017 (average: 130.5604), the exchange rate shifted by -3.7374 (-2.86%).

2018 Avg (April) 126.8230
2017 Avg (April) 130.5604

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 126.9722 124.2132 125.4567
February 126.6483 124.2402 125.2200
March 126.8455 123.7909 125.3589
April 128.2779 125.7136 126.8230
May 126.7459 125.0862 125.7568
June 127.1661 123.6038 125.9559
July 125.8817 123.1708 124.6142
August 124.5564 121.7571 123.2498
September 125.2119 122.1700 123.6416
October 127.1372 123.9300 125.3514
November 127.5727 123.5477 125.3531
December 124.5268 121.6449 123.0961