YEARLY HIGH
9.2404 CVE
YEARLY LOW
0.0004 CVE
YEARLY AVERAGE
1.0140 CVE

2018 VEF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the VEF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 9.2404. Conversely, the yearly low was recorded on September 25, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 9.2400 CVE. From a start-to-finish perspective, comparing the January average rate of 8.9893 to the December average rate of 0.0004, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 9.2404 was down 12.49% compared to the 2017 peak of 10.5589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 46,202 CVE
2017 Average 48,584 CVE
Yearly Trough Low 2 CVE
Transaction Impact: A difference of 46,200.19 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9.8882
-0.8985
JanuMarcMayJulySeptNove

VEF 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 2.0275, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0270 points.

H1 Avg (Jan–Jun) 2.0275
H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 8.9889 CVE (High: 8.9920 / Low: 0.0031). On the other end, November was the most stable month, with a tight range of 0.0000 CVE (High: 0.0004 / Low: 0.0004).

February Spread (Volatile) ±8.9889
November Spread (Stable) ±0.0000

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 January and February, when the average rate fell by 5.8205 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.8205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 8.9893) against the same month in 2017 (average: 10.4056), the exchange rate shifted by -1.4163 (-13.61%).

2018 Avg (January) 8.9893
2017 Avg (January) 10.4056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.2404 8.5016 8.9893
February 8.9920 0.0031 3.1688
March 0.0031 0.0022 0.0025
April 0.0022 0.0014 0.0019
May 0.0013 0.0012 0.0013
June 0.0012 0.0012 0.0012
July 0.0012 0.0009 0.0011
August 0.0009 0.0004 0.0006
September 0.0004 0.0004 0.0004
October 0.0004 0.0004 0.0004
November 0.0004 0.0004 0.0004
December 0.0004 0.0004 0.0004