YEARLY HIGH
14.6667 CVE
YEARLY LOW
13.8824 CVE
YEARLY AVERAGE
14.2948 CVE

2019 BOB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 14.6667. Conversely, the yearly low was recorded on January 10, dropping to 13.8824.

This high-to-low spread represents a total annual volatility of 0.7843 CVE. From a start-to-finish perspective, comparing the January average rate of 14.0139 to the December average rate of 14.4288, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 14.6667 was up 3.22% compared to the 2018 peak of 14.2091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,333 CVE
2018 Average 67,820 CVE
Yearly Trough Low 69,412 CVE
Transaction Impact: A difference of 3,921.61 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

14.5691
13.9635
JanuMarcMayJulySeptNove

BOB 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 14.1685, compared to 14.4211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2526 points.

H1 Avg (Jan–Jun) 14.1685
H2 Avg (Jul–Dec) 14.4211

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.4498 CVE (High: 14.6667 / Low: 14.2169). On the other end, May was the most stable month, with a tight range of 0.1441 CVE (High: 14.3901 / Low: 14.2460).

August Spread (Volatile) ±0.4498
May Spread (Stable) ±0.1441

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 0.1213 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 14.3729) against the same month in 2018 (average: 13.8675), the exchange rate shifted by +0.5054 (+3.64%).

2019 Avg (August) 14.3729
2018 Avg (August) 13.8675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1197 13.8824 14.0139
February 14.1920 13.9483 14.0886
March 14.2782 14.0521 14.1614
April 14.4047 14.1406 14.2394
May 14.3901 14.2460 14.3144
June 14.4160 14.0661 14.1930
July 14.3947 14.0686 14.2392
August 14.6667 14.2169 14.3729
September 14.6312 14.4389 14.5186
October 14.6389 14.3465 14.4789
November 14.6385 14.3729 14.4882
December 14.6385 14.2899 14.4288