2020 BND to CVE Historical Review

YEARLY HIGH

179.0159 CVE

YEARLY LOW

67.5958 CVE

YEARLY AVERAGE

70.6929 CVE

2020 BND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 179.0159. Conversely, the yearly low was recorded on December 21, dropping to 67.5958.

This high-to-low spread represents a total annual volatility of 111.4201 CVE. From a start-to-finish perspective, comparing the January average rate of 73.7746 to the December average rate of 68.2352, the exchange rate registered a net change of -7.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 179.0159 was up 138.85% compared to the 2019 peak of 74.9502, 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 895,079 CVE

2019 Average 360,193 CVE

Yearly Trough Low 337,979 CVE

Transaction Impact: A difference of 557,100.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

74.9592

67.5526

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 72.4674, compared to 68.9184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5490 points.

H1 Avg (Jan–Jun) 72.4674

H2 Avg (Jul–Dec) 68.9184

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 109.6860 CVE (High: 179.0159 / Low: 69.3299). On the other end, November was the most stable month, with a tight range of 0.7271 CVE (High: 69.7102 / Low: 68.9832).

March Spread (Volatile) ±109.6860

November Spread (Stable) ±0.7271

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 2.8310 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.8310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 74.3420) against the same month in 2019 (average: 72.4142), the exchange rate shifted by +1.9278 (+2.66%).

2020 Avg (March) 74.3420

2019 Avg (March) 72.4142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	74.3333	72.9540	73.7746
February	73.6301	72.2448	73.0205
March	179.0159	69.3299	74.3420
April	72.1372	70.5806	71.5110
May	72.3586	70.4206	71.5361
June	71.1897	69.9171	70.6203
July	72.7539	68.3056	69.7531
August	68.9127	67.6179	68.1698
September	69.4200	68.0848	68.7280
October	69.6297	68.7710	69.2144
November	69.7102	68.9832	69.4097
December	68.5928	67.5958	68.2352