YEARLY HIGH
128.7775 CVE
YEARLY LOW
45.0313 CVE
YEARLY AVERAGE
48.7779 CVE

2020 BBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 128.7775. Conversely, the yearly low was recorded on December 30, dropping to 45.0313.

This high-to-low spread represents a total annual volatility of 83.7463 CVE. From a start-to-finish perspective, comparing the January average rate of 49.8301 to the December average rate of 45.4590, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 128.7775 was up 154.41% compared to the 2019 peak of 50.6187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 643,888 CVE
2019 Average 246,992 CVE
Yearly Trough Low 225,156 CVE
Transaction Impact: A difference of 418,731.25 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

53.3900
44.7380
JanuMarcMayJulySeptNove

BBD 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 50.6710, compared to 46.8847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7863 points.

H1 Avg (Jan–Jun) 50.6710
H2 Avg (Jul–Dec) 46.8847

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 80.1525 CVE (High: 128.7775 / Low: 48.6250). On the other end, April was the most stable month, with a tight range of 0.7250 CVE (High: 51.3000 / Low: 50.5750).

March Spread (Volatile) ±80.1525
April Spread (Stable) ±0.7250

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 July and August, when the average rate fell by 1.7463 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7463

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 52.6690) against the same month in 2019 (average: 48.9100), the exchange rate shifted by +3.7591 (+7.69%).

2020 Avg (March) 52.6690
2019 Avg (March) 48.9100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.3000 49.3250 49.8301
February 51.2600 50.0875 50.7190
March 128.7775 48.6250 52.6690
April 51.3000 50.5750 50.9252
May 51.3250 49.7500 50.6863
June 49.7300 48.7325 49.1964
July 50.1750 46.9250 48.4281
August 47.1850 46.3250 46.6818
September 47.6250 46.3250 46.9258
October 47.3375 46.6000 47.0463
November 47.5250 46.1250 46.7674
December 45.9750 45.0313 45.4590