2019 BND to CVE Historical Review

YEARLY HIGH

74.9502 CVE

YEARLY LOW

60.8872 CVE

YEARLY AVERAGE

72.0439 CVE

2019 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 74.9502. Conversely, the yearly low was recorded on January 10, dropping to 60.8872.

This high-to-low spread represents a total annual volatility of 14.0629 CVE. From a start-to-finish perspective, comparing the January average rate of 61.7668 to the December average rate of 73.5204, the exchange rate registered a net change of 19.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 74.9502 was up 5.20% compared to the 2018 peak of 71.2486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 374,751 CVE

2018 Average 333,592 CVE

Yearly Trough Low 304,436 CVE

Transaction Impact: A difference of 70,314.60 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

75.4397

60.5238

JanuMarcMayJulySeptNove

BND 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 70.6388, compared to 73.4491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8104 points.

H1 Avg (Jan–Jun) 70.6388

H2 Avg (Jul–Dec) 73.4491

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 11.4570 CVE (High: 72.6261 / Low: 61.1691). On the other end, November was the most stable month, with a tight range of 0.6879 CVE (High: 73.9216 / Low: 73.2337).

February Spread (Volatile) ±11.4570

November Spread (Stable) ±0.6879

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 September and October, when the average rate fell by 1.1191 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.1191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 74.1967) against the same month in 2018 (average: 64.2065), the exchange rate shifted by +9.9902 (+15.56%).

2019 Avg (September) 74.1967

2018 Avg (September) 64.2065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	71.8229	60.8872	61.7668
February	72.6261	61.1691	70.9931
March	72.9891	71.9994	72.4142
April	73.5194	72.3784	72.8947
May	73.5989	72.0568	73.1842
June	73.4146	71.9883	72.5795
July	73.6282	72.2785	72.8528
August	74.5142	72.7906	73.4644
September	74.9502	73.1705	74.1967
October	74.6762	72.7454	73.0776
November	73.9216	73.2337	73.5828
December	74.0493	73.1530	73.5204