YEARLY HIGH
0.0764 BOB
YEARLY LOW
0.0267 BOB
YEARLY AVERAGE
0.0711 BOB

2020 CVE to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0764. Conversely, the yearly low was recorded on March 18, dropping to 0.0267.

This high-to-low spread represents a total annual volatility of 0.0497 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0694 to the December average rate of 0.0758, the exchange rate registered a net change of 9.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0764 was up 6.07% compared to the 2019 peak of 0.0720, 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 382 BOB
2019 Average 350 BOB
Yearly Trough Low 134 BOB
Transaction Impact: A difference of 248.40 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0767
0.0665
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 0.0685, compared to 0.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0685
H2 Avg (Jul–Dec) 0.0736

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0442 BOB (High: 0.0710 / Low: 0.0267). On the other end, April was the most stable month, with a tight range of 0.0010 BOB (High: 0.0682 / Low: 0.0672).

March Spread (Volatile) ±0.0442
April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0758) against the same month in 2019 (average: 0.0693), the exchange rate shifted by +0.0065 (+9.41%).

2020 Avg (December) 0.0758
2019 Avg (December) 0.0693

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0704 0.0687 0.0694
February 0.0690 0.0674 0.0682
March 0.0710 0.0267 0.0674
April 0.0682 0.0672 0.0677
May 0.0694 0.0672 0.0680
June 0.0709 0.0694 0.0702
July 0.0737 0.0688 0.0713
August 0.0746 0.0732 0.0739
September 0.0745 0.0725 0.0736
October 0.0741 0.0729 0.0734
November 0.0748 0.0728 0.0737
December 0.0764 0.0751 0.0758