2020 BOB to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BOB to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BOB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 37.4151. Conversely, the yearly low was recorded on December 17, dropping to 13.0879.
This high-to-low spread represents a total annual volatility of 24.3273 CVE. From a start-to-finish perspective, comparing the January average rate of 14.4118 to the December average rate of 13.1882, the exchange rate registered a net change of -8.49% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 37.4151 was up 155.10% compared to the 2019 peak of 14.6667, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.6813, compared to 13.5858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0955 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 23.3210 CVE (High: 37.4151 / Low: 14.0942). On the other end, April was the most stable month, with a tight range of 0.2115 CVE (High: 14.8849 / Low: 14.6734).
Growth Streaks & Declines
TrendsBetween 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 0.5223 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 15.2944) against the same month in 2019 (average: 14.1614), the exchange rate shifted by +1.1330 (+8.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.5502 | 14.2138 | 14.4118 |
| February | 14.8279 | 14.4881 | 14.6697 |
| March | 37.4151 | 14.0942 | 15.2944 |
| April | 14.8849 | 14.6734 | 14.7721 |
| May | 14.8861 | 14.4167 | 14.6970 |
| June | 14.4091 | 14.1126 | 14.2426 |
| July | 14.5299 | 13.5758 | 14.0238 |
| August | 13.6701 | 13.4089 | 13.5234 |
| September | 13.7919 | 13.4196 | 13.5917 |
| October | 13.7096 | 13.4886 | 13.6268 |
| November | 13.7342 | 13.3767 | 13.5607 |
| December | 13.3131 | 13.0879 | 13.1882 |