YEARLY HIGH
0.0224 BZD
YEARLY LOW
0.0078 BZD
YEARLY AVERAGE
0.0207 BZD

2020 CVE to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0224. Conversely, the yearly low was recorded on March 18, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0146 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0202 to the December average rate of 0.0222, the exchange rate registered a net change of 9.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0224 was up 6.51% compared to the 2019 peak of 0.0210, 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 112 BZD
2019 Average 102 BZD
Yearly Trough Low 39 BZD
Transaction Impact: A difference of 72.79 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0224
0.0194
JanuMarcMayJulySeptNove

CVE to BZD 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 0.0200, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0200
H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0129 BZD (High: 0.0207 / Low: 0.0078). On the other end, October was the most stable month, with a tight range of 0.0003 BZD (High: 0.0216 / Low: 0.0213).

March Spread (Volatile) ±0.0129
October Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0222) against the same month in 2019 (average: 0.0202), the exchange rate shifted by +0.0020 (+9.73%).

2020 Avg (December) 0.0222
2019 Avg (December) 0.0202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0205 0.0200 0.0202
February 0.0201 0.0197 0.0199
March 0.0207 0.0078 0.0197
April 0.0199 0.0195 0.0198
May 0.0202 0.0196 0.0199
June 0.0207 0.0203 0.0205
July 0.0215 0.0201 0.0208
August 0.0218 0.0213 0.0216
September 0.0218 0.0212 0.0215
October 0.0216 0.0213 0.0214
November 0.0219 0.0212 0.0215
December 0.0224 0.0219 0.0222