YEARLY HIGH
0.1362 CVE
YEARLY LOW
0.0464 CVE
YEARLY AVERAGE
0.0510 CVE

2020 BIF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1362. Conversely, the yearly low was recorded on December 30, dropping to 0.0464.

This high-to-low spread represents a total annual volatility of 0.0898 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0529 to the December average rate of 0.0468, the exchange rate registered a net change of -11.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1362 was up 147.61% compared to the 2019 peak of 0.0550, 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 681 CVE
2019 Average 268 CVE
Yearly Trough Low 232 CVE
Transaction Impact: A difference of 449.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0566
0.0459
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 0.0535, compared to 0.0485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0535
H2 Avg (Jul–Dec) 0.0485

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0848 CVE (High: 0.1362 / Low: 0.0514). On the other end, October was the most stable month, with a tight range of 0.0008 CVE (High: 0.0489 / Low: 0.0482).

March Spread (Volatile) ±0.0848
October Spread (Stable) ±0.0008

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 March and April, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0557) against the same month in 2019 (average: 0.0537), the exchange rate shifted by +0.0019 (+3.62%).

2020 Avg (March) 0.0557
2019 Avg (March) 0.0537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0534 0.0524 0.0529
February 0.0543 0.0530 0.0537
March 0.1362 0.0514 0.0557
April 0.0543 0.0532 0.0537
May 0.0539 0.0523 0.0533
June 0.0523 0.0511 0.0516
July 0.0521 0.0487 0.0503
August 0.0490 0.0480 0.0484
September 0.0493 0.0480 0.0486
October 0.0489 0.0482 0.0486
November 0.0490 0.0475 0.0482
December 0.0474 0.0464 0.0468