YEARLY HIGH
0.0720 BOB
YEARLY LOW
0.0682 BOB
YEARLY AVERAGE
0.0700 BOB

2019 CVE to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0720. Conversely, the yearly low was recorded on August 25, dropping to 0.0682.

This high-to-low spread represents a total annual volatility of 0.0039 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0714 to the December average rate of 0.0693, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0720 was down 7.69% compared to the 2018 peak of 0.0780, 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 360 BOB
2018 Average 369 BOB
Yearly Trough Low 341 BOB
Transaction Impact: A difference of 19.26 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0716
0.0686
JanuMarcMayJulySeptNove

CVE to BOB 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 0.0706, compared to 0.0693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0706
H2 Avg (Jul–Dec) 0.0693

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0022 BOB (High: 0.0703 / Low: 0.0682). On the other end, May was the most stable month, with a tight range of 0.0007 BOB (High: 0.0702 / Low: 0.0695).

August Spread (Volatile) ±0.0022
May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0714) against the same month in 2018 (average: 0.0761), the exchange rate shifted by -0.0048 (-6.27%).

2019 Avg (January) 0.0714
2018 Avg (January) 0.0761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0720 0.0708 0.0714
February 0.0717 0.0705 0.0710
March 0.0712 0.0700 0.0706
April 0.0707 0.0694 0.0702
May 0.0702 0.0695 0.0699
June 0.0711 0.0694 0.0705
July 0.0711 0.0695 0.0702
August 0.0703 0.0682 0.0696
September 0.0693 0.0683 0.0689
October 0.0697 0.0683 0.0691
November 0.0696 0.0683 0.0690
December 0.0700 0.0683 0.0693