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