YEARLY HIGH
7.8051 CVE
YEARLY LOW
6.1359 CVE
YEARLY AVERAGE
7.1108 CVE

2018 SZL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 7.8051. Conversely, the yearly low was recorded on September 5, dropping to 6.1359.

This high-to-low spread represents a total annual volatility of 1.6692 CVE. From a start-to-finish perspective, comparing the January average rate of 7.4439 to the December average rate of 6.8272, the exchange rate registered a net change of -8.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.8051 was down 5.03% compared to the 2017 peak of 8.2182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,025 CVE
2017 Average 36,880 CVE
Yearly Trough Low 30,680 CVE
Transaction Impact: A difference of 8,345.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.6885
6.3195
JanuMarcMayJulySeptNove

SZL 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 7.4412, compared to 6.7804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6609 points.

H1 Avg (Jan–Jun) 7.4412
H2 Avg (Jul–Dec) 6.7804

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.7137 CVE (High: 7.1694 / Low: 6.4557). On the other end, March was the most stable month, with a tight range of 0.1874 CVE (High: 7.6571 / Low: 7.4697).

August Spread (Volatile) ±0.7137
March Spread (Stable) ±0.1874

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.4055 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 7.5696) against the same month in 2017 (average: 7.8730), the exchange rate shifted by -0.3034 (-3.85%).

2018 Avg (February) 7.5696
2017 Avg (February) 7.8730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.5375 7.3405 7.4439
February 7.8051 7.3602 7.5696
March 7.6571 7.4697 7.5744
April 7.6176 7.2995 7.4610
May 7.5957 7.3080 7.4479
June 7.5216 6.9238 7.1508
July 7.2205 6.8714 7.0542
August 7.1694 6.4557 6.8391
September 6.7040 6.1359 6.4335
October 6.7719 6.4514 6.6321
November 7.0950 6.6837 6.8962
December 7.1421 6.6563 6.8272