2018 ZMW to CVE Historical Review

YEARLY HIGH

98.1500 CVE

YEARLY LOW

88.5500 CVE

YEARLY AVERAGE

93.6963 CVE

2018 ZMW to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZMW to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 98.1500. Conversely, the yearly low was recorded on January 25, dropping to 88.5500.

This high-to-low spread represents a total annual volatility of 9.6000 CVE. From a start-to-finish perspective, comparing the January average rate of 90.8024 to the December average rate of 97.1660, the exchange rate registered a net change of 7.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 98.1500 was down 6.84% compared to the 2017 peak of 105.3510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 490,750 CVE

2017 Average 490,390 CVE

Yearly Trough Low 442,750 CVE

Transaction Impact: A difference of 48,000.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

97.9247

88.8888

JanuMarcMayJulySeptNove

ZMW 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 91.4233, compared to 95.9692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5459 points.

H1 Avg (Jan–Jun) 91.4233

H2 Avg (Jul–Dec) 95.9692

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 4.3000 CVE (High: 92.8500 / Low: 88.5500). On the other end, November was the most stable month, with a tight range of 1.4700 CVE (High: 98.0198 / Low: 96.5498).

January Spread (Volatile) ±4.3000

November Spread (Stable) ±1.4700

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 1.1606 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 97.1660) against the same month in 2017 (average: 93.4428), the exchange rate shifted by +3.7232 (+3.98%).

2018 Avg (December) 97.1660

2017 Avg (December) 93.4428

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	92.8500	88.5500	90.8024
February	90.7500	88.7000	89.6418
March	90.7300	88.8000	89.7353
April	91.5823	89.4000	90.2044
May	95.3498	91.9147	93.4042
June	95.5998	93.2507	94.7516
July	95.2998	93.7585	94.5814
August	97.5500	94.5465	95.7798
September	95.4998	93.8365	94.8162
October	97.7000	95.3473	96.3001
November	98.0198	96.5498	97.1717
December	98.1500	96.4968	97.1660