YEARLY HIGH
127.7956 CVE
YEARLY LOW
44.6781 CVE
YEARLY AVERAGE
48.4203 CVE

2020 BZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 127.7956. Conversely, the yearly low was recorded on December 30, dropping to 44.6781.

This high-to-low spread represents a total annual volatility of 83.1175 CVE. From a start-to-finish perspective, comparing the January average rate of 49.4432 to the December average rate of 45.1012, the exchange rate registered a net change of -8.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 127.7956 was up 153.99% compared to the 2019 peak of 50.3156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 638,978 CVE
2019 Average 245,155 CVE
Yearly Trough Low 223,391 CVE
Transaction Impact: A difference of 415,587.66 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

53.0796
44.3759
JanuMarcMayJulySeptNove

BZD 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 50.3102, compared to 46.5304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7798 points.

H1 Avg (Jan–Jun) 50.3102
H2 Avg (Jul–Dec) 46.5304

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 79.5709 CVE (High: 127.7956 / Low: 48.2247). On the other end, October was the most stable month, with a tight range of 0.7233 CVE (High: 46.9644 / Low: 46.2411).

March Spread (Volatile) ±79.5709
October Spread (Stable) ±0.7233

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 1.7339 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.7339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 52.3543) against the same month in 2019 (average: 48.5809), the exchange rate shifted by +3.7733 (+7.77%).

2020 Avg (March) 52.3543
2019 Avg (March) 48.5809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.9153 48.6908 49.4432
February 50.8672 49.7023 50.3226
March 127.7956 48.2247 52.3543
April 51.1643 50.2115 50.6203
May 50.9215 49.3852 50.3062
June 49.3593 48.3447 48.8148
July 49.7738 46.6159 48.0610
August 46.8930 45.9343 46.3639
September 47.2458 45.9698 46.5604
October 46.9644 46.2411 46.6846
November 47.1500 45.7566 46.4115
December 45.6061 44.6781 45.1012