YEARLY HIGH
101.2375 CVE
YEARLY LOW
95.9573 CVE
YEARLY AVERAGE
98.7904 CVE

2019 ZMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 101.2375. Conversely, the yearly low was recorded on January 10, dropping to 95.9573.

This high-to-low spread represents a total annual volatility of 5.2802 CVE. From a start-to-finish perspective, comparing the January average rate of 96.8149 to the December average rate of 99.7335, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 101.2375 was up 3.15% compared to the 2018 peak of 98.1500, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 506,188 CVE
2018 Average 468,618 CVE
Yearly Trough Low 479,786 CVE
Transaction Impact: A difference of 26,401.25 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

100.6817
96.4634
JanuMarcMayJulySeptNove

ZMK 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 97.9136, compared to 99.6672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7536 points.

H1 Avg (Jan–Jun) 97.9136
H2 Avg (Jul–Dec) 99.6672

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 2.3750 CVE (High: 101.0250 / Low: 98.6500). On the other end, May was the most stable month, with a tight range of 0.9948 CVE (High: 99.4183 / Low: 98.4235).

December Spread (Volatile) ±2.3750
May Spread (Stable) ±0.9948

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.8125 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 100.3302) against the same month in 2018 (average: 94.8162), the exchange rate shifted by +5.5141 (+5.82%).

2019 Avg (September) 100.3302
2018 Avg (September) 94.8162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 97.5325 95.9573 96.8149
February 98.1000 96.4000 97.3794
March 98.5855 97.2500 97.8199
April 99.3000 97.8782 98.4842
May 99.4183 98.4235 98.8978
June 99.1500 97.2338 98.0853
July 99.4500 97.6162 98.4224
August 100.6500 98.3145 99.2565
September 101.2375 99.7685 100.3302
October 101.0000 99.2000 100.0989
November 101.0250 99.3750 100.1618
December 101.0250 98.6500 99.7335