2019 BGN to CVE Historical Review

YEARLY HIGH

57.0764 CVE

YEARLY LOW

55.8928 CVE

YEARLY AVERAGE

56.5402 CVE

2019 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 57.0764. Conversely, the yearly low was recorded on January 2, dropping to 55.8928.

This high-to-low spread represents a total annual volatility of 1.1836 CVE. From a start-to-finish perspective, comparing the January average rate of 56.5133 to the December average rate of 56.6592, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 57.0764 was down 0.03% compared to the 2018 peak of 57.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 285,382 CVE

2018 Average 282,706 CVE

Yearly Trough Low 279,464 CVE

Transaction Impact: A difference of 5,918.02 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

56.6821

56.4067

JanuMarcMayJulySeptNove

BGN 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 56.5404, compared to 56.5401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 56.5404

H2 Avg (Jul–Dec) 56.5401

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.9493 CVE (High: 56.8421 / Low: 55.8928). On the other end, November was the most stable month, with a tight range of 0.4879 CVE (High: 56.9091 / Low: 56.4212).

January Spread (Volatile) ±0.9493

November Spread (Stable) ±0.4879

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1823 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 56.4596) against the same month in 2018 (average: 56.4991), the exchange rate shifted by -0.0395 (-0.07%).

2019 Avg (August) 56.4596

2018 Avg (August) 56.4991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.8421	55.8928	56.5133
February	56.7327	56.2357	56.5084
March	56.8145	56.0782	56.5091
April	56.7724	56.1554	56.5229
May	56.8277	56.2787	56.5769
June	56.9997	56.2304	56.6119
July	56.6753	56.1143	56.4296
August	57.0764	56.1299	56.4596
September	56.8625	56.1359	56.4907
October	56.9738	56.2995	56.5948
November	56.9091	56.4212	56.6064
December	56.9552	56.4258	56.6592