YEARLY HIGH
0.0550 CVE
YEARLY LOW
0.0524 CVE
YEARLY AVERAGE
0.0536 CVE

2019 BIF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BIF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0550. Conversely, the yearly low was recorded on December 31, dropping to 0.0524.

This high-to-low spread represents a total annual volatility of 0.0026 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0536 to the December average rate of 0.0531, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0550 was down 0.21% compared to the 2018 peak of 0.0551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 275 CVE
2018 Average 264 CVE
Yearly Trough Low 262 CVE
Transaction Impact: A difference of 12.88 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0543
0.0530
JanuMarcMayJulySeptNove

BIF 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 0.0536, compared to 0.0536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0536
H2 Avg (Jul–Dec) 0.0536

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0018 CVE (High: 0.0548 / Low: 0.0530). On the other end, May was the most stable month, with a tight range of 0.0006 CVE (High: 0.0541 / Low: 0.0535).

October Spread (Volatile) ±0.0018
May Spread (Stable) ±0.0006

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 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0538) against the same month in 2018 (average: 0.0539), the exchange rate shifted by -0.0001 (-0.25%).

2019 Avg (August) 0.0538
2018 Avg (August) 0.0539

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0543 0.0529 0.0536
February 0.0544 0.0529 0.0537
March 0.0545 0.0531 0.0537
April 0.0544 0.0535 0.0538
May 0.0541 0.0535 0.0538
June 0.0542 0.0527 0.0532
July 0.0539 0.0529 0.0534
August 0.0550 0.0533 0.0538
September 0.0547 0.0536 0.0542
October 0.0548 0.0530 0.0539
November 0.0540 0.0532 0.0535
December 0.0540 0.0524 0.0531