2023 CVE to BZD Historical Review

YEARLY HIGH

0.0206 BZD

YEARLY LOW

0.0191 BZD

YEARLY AVERAGE

0.0197 BZD

2023 CVE to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0206. Conversely, the yearly low was recorded on October 6, dropping to 0.0191.

This high-to-low spread represents a total annual volatility of 0.0015 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0199, the exchange rate registered a net change of 1.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0206 was down 1.51% compared to the 2022 peak of 0.0209, 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 103 BZD

2022 Average 96 BZD

Yearly Trough Low 95 BZD

Transaction Impact: A difference of 7.43 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0203

0.0192

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 0.0197, compared to 0.0198 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) 0.0197

H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0008 BZD (High: 0.0200 / Low: 0.0192). On the other end, October was the most stable month, with a tight range of 0.0003 BZD (High: 0.0194 / Low: 0.0191).

November Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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: 0.0202) against the same month in 2022 (average: 0.0187), the exchange rate shifted by +0.0014 (+7.63%).

2023 Avg (July) 0.0202

2022 Avg (July) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0199	0.0192	0.0197
February	0.0200	0.0193	0.0196
March	0.0199	0.0193	0.0195
April	0.0202	0.0198	0.0200
May	0.0201	0.0195	0.0198
June	0.0200	0.0192	0.0198
July	0.0206	0.0198	0.0202
August	0.0202	0.0197	0.0199
September	0.0198	0.0192	0.0195
October	0.0194	0.0191	0.0193
November	0.0200	0.0192	0.0197
December	0.0203	0.0195	0.0199