YEARLY HIGH
37.4151 CVE
YEARLY LOW
13.0879 CVE
YEARLY AVERAGE
14.1335 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 187,076 CVE
2019 Average 71,479 CVE
Yearly Trough Low 65,439 CVE
Transaction Impact: A difference of 121,636.39 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.5050
12.9776
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 14.6813, 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.

H1 Avg (Jan–Jun) 14.6813
H2 Avg (Jul–Dec) 13.5858

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±23.3210
April Spread (Stable) ±0.2115

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 0.5223 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5223

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 15.2944
2019 Avg (March) 14.1614

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