YEARLY HIGH
4.9963 CVE
YEARLY LOW
2.3067 CVE
YEARLY AVERAGE
3.5585 CVE

2018 ARS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ARS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 4.9963. Conversely, the yearly low was recorded on September 29, dropping to 2.3067.

This high-to-low spread represents a total annual volatility of 2.6896 CVE. From a start-to-finish perspective, comparing the January average rate of 4.7811 to the December average rate of 2.5706, the exchange rate registered a net change of -46.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 4.9963 was down 27.34% compared to the 2017 peak of 6.8761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 24,982 CVE
2017 Average 29,777 CVE
Yearly Trough Low 11,534 CVE
Transaction Impact: A difference of 13,448.06 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5.0131
2.2292
JanuMarcMayJulySeptNove

ARS 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 4.2895, compared to 2.8275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4620 points.

H1 Avg (Jan–Jun) 4.2895
H2 Avg (Jul–Dec) 2.8275

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.0680 CVE (High: 3.5119 / Low: 2.4439). On the other end, April was the most stable month, with a tight range of 0.0649 CVE (High: 4.4889 / Low: 4.4241).

August Spread (Volatile) ±1.0680
April Spread (Stable) ±0.0649

Growth Streaks & Declines

Trends

Between September and November, 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 0.7685 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7685

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 4.7811) against the same month in 2017 (average: 6.5412), the exchange rate shifted by -1.7601 (-26.91%).

2018 Avg (January) 4.7811
2017 Avg (January) 6.5412

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.9963 4.5240 4.7811
February 4.5960 4.4618 4.5209
March 4.5033 4.3706 4.4389
April 4.4889 4.4241 4.4562
May 4.4381 3.6929 3.9764
June 3.8059 3.3093 3.5636
July 3.4776 3.2919 3.4254
August 3.5119 2.4439 3.2297
September 2.5663 2.3067 2.4612
October 2.7221 2.4180 2.6027
November 2.7469 2.4948 2.6753
December 2.6680 2.5290 2.5706