2020 CVE to BGN Historical Review

YEARLY HIGH

0.0181 BGN

YEARLY LOW

0.0069 BGN

YEARLY AVERAGE

0.0176 BGN

2020 CVE to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.0181. Conversely, the yearly low was recorded on March 18, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0111 BGN. 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 0.0181 was up 1.02% compared to the 2019 peak of 0.0179, 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 90 BGN

2019 Average 88 BGN

Yearly Trough Low 35 BGN

Transaction Impact: A difference of 55.67 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0177

0.0173

JanuMarcMayJulySeptNove

CVE to BGN 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 0.0111 BGN (High: 0.0181 / Low: 0.0069). On the other end, January was the most stable month, with a tight range of 0.0001 BGN (High: 0.0177 / Low: 0.0176).

March Spread (Volatile) ±0.0111

January 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 (March 2020: 0.0173) against the same month in 2019 (average: 0.0177), the exchange rate shifted by -0.0004 (-2.24%).

2020 Avg (March) 0.0173

2019 Avg (March) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0177	0.0176	0.0177
February	0.0177	0.0176	0.0177
March	0.0181	0.0069	0.0173
April	0.0178	0.0175	0.0177
May	0.0177	0.0176	0.0177
June	0.0178	0.0175	0.0177
July	0.0177	0.0166	0.0176
August	0.0179	0.0175	0.0177
September	0.0178	0.0176	0.0177
October	0.0177	0.0176	0.0177
November	0.0178	0.0175	0.0177
December	0.0177	0.0176	0.0177