2023 CVE to BBD Historical Review

YEARLY HIGH

0.0204 BBD

YEARLY LOW

0.0190 BBD

YEARLY AVERAGE

0.0196 BBD

2023 CVE to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0204. Conversely, the yearly low was recorded on October 3, dropping to 0.0190.

This high-to-low spread represents a total annual volatility of 0.0014 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.0198, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0204 was down 1.52% compared to the 2022 peak of 0.0207, 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 102 BBD

2022 Average 95 BBD

Yearly Trough Low 95 BBD

Transaction Impact: A difference of 7.23 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0201

0.0191

JanuMarcMayJulySeptNove

CVE to BBD 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 0.0196, compared to 0.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0196

H2 Avg (Jul–Dec) 0.0196

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0008 BBD (High: 0.0199 / Low: 0.0191). On the other end, October was the most stable month, with a tight range of 0.0003 BBD (High: 0.0193 / Low: 0.0190).

November Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, 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 (July 2023: 0.0200) against the same month in 2022 (average: 0.0186), the exchange rate shifted by +0.0014 (+7.73%).

2023 Avg (July) 0.0200

2022 Avg (July) 0.0186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0197	0.0191	0.0195
February	0.0198	0.0192	0.0194
March	0.0198	0.0191	0.0194
April	0.0201	0.0197	0.0199
May	0.0200	0.0194	0.0197
June	0.0198	0.0191	0.0196
July	0.0204	0.0197	0.0200
August	0.0200	0.0196	0.0198
September	0.0197	0.0191	0.0194
October	0.0193	0.0190	0.0191
November	0.0199	0.0191	0.0196
December	0.0201	0.0193	0.0198