2020 BGN to CVE Historical Review

YEARLY HIGH

144.1028 CVE

YEARLY LOW

55.3289 CVE

YEARLY AVERAGE

56.8364 CVE

2020 BGN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 144.1028. Conversely, the yearly low was recorded on March 14, dropping to 55.3289.

This high-to-low spread represents a total annual volatility of 88.7740 CVE. From a start-to-finish perspective, comparing the January average rate of 56.5745 to the December average rate of 56.5738, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 144.1028 was up 152.47% compared to the 2019 peak of 57.0764, 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 720,514 CVE

2019 Average 282,702 CVE

Yearly Trough Low 276,644 CVE

Transaction Impact: A difference of 443,869.92 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

59.8023

56.1730

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 57.0764, compared to 56.5965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4798 points.

H1 Avg (Jan–Jun) 57.0764

H2 Avg (Jul–Dec) 56.5965

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 88.7740 CVE (High: 144.1028 / Low: 55.3289). On the other end, January was the most stable month, with a tight range of 0.3771 CVE (High: 56.7355 / Low: 56.3584).

March Spread (Volatile) ±88.7740

January Spread (Stable) ±0.3771

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.9061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.9061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 59.4998) against the same month in 2019 (average: 56.5091), the exchange rate shifted by +2.9908 (+5.29%).

2020 Avg (March) 59.4998

2019 Avg (March) 56.5091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.7355	56.3584	56.5745
February	56.9296	56.4327	56.6332
March	144.1028	55.3289	59.4998
April	57.1079	56.0437	56.5937
May	56.8572	56.3641	56.5450
June	57.0241	56.3065	56.6119
July	60.3232	56.3817	56.7358
August	57.2826	55.8666	56.4754
September	56.9515	56.0886	56.5321
October	56.9319	56.4008	56.6199
November	57.0750	56.2928	56.6420
December	56.8693	56.4173	56.5738