YEARLY HIGH
0.0179 BAM
YEARLY LOW
0.0069 BAM
YEARLY AVERAGE
0.0176 BAM

2020 CVE to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.0179. Conversely, the yearly low was recorded on March 18, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0110 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0177 to the December average rate of 0.0177, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0179 was up 0.54% compared to the 2019 peak of 0.0178, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 BAM
2019 Average 88 BAM
Yearly Trough Low 35 BAM
Transaction Impact: A difference of 54.89 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0178
0.0172
JanuMarcMayJulySeptNove

CVE to BAM 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 0.0176, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0110 BAM (High: 0.0179 / Low: 0.0069). On the other end, February was the most stable month, with a tight range of 0.0001 BAM (High: 0.0178 / Low: 0.0176).

March Spread (Volatile) ±0.0110
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0177) against the same month in 2019 (average: 0.0177), the exchange rate shifted by +0.0000 (+0.06%).

2020 Avg (August) 0.0177
2019 Avg (August) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0177 0.0176 0.0177
February 0.0178 0.0176 0.0177
March 0.0179 0.0069 0.0173
April 0.0179 0.0175 0.0177
May 0.0179 0.0176 0.0177
June 0.0178 0.0175 0.0177
July 0.0178 0.0166 0.0177
August 0.0179 0.0175 0.0177
September 0.0178 0.0176 0.0177
October 0.0177 0.0176 0.0177
November 0.0178 0.0176 0.0177
December 0.0178 0.0176 0.0177