2020 AFN to CVE Historical Review

YEARLY HIGH

3.3907 CVE

YEARLY LOW

1.1651 CVE

YEARLY AVERAGE

1.2697 CVE

2020 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 3.3907. Conversely, the yearly low was recorded on December 30, dropping to 1.1651.

This high-to-low spread represents a total annual volatility of 2.2256 CVE. From a start-to-finish perspective, comparing the January average rate of 1.2909 to the December average rate of 1.1797, the exchange rate registered a net change of -8.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.3907 was up 158.01% compared to the 2019 peak of 1.3142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 16,953 CVE

2019 Average 6,344 CVE

Yearly Trough Low 5,826 CVE

Transaction Impact: A difference of 11,127.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4027

1.1594

JanuMarcMayJulySeptNove

AFN to CVE 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 1.3213, compared to 1.2181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1032 points.

H1 Avg (Jan–Jun) 1.3213

H2 Avg (Jul–Dec) 1.2181

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.1114 CVE (High: 3.3907 / Low: 1.2792). On the other end, October was the most stable month, with a tight range of 0.0197 CVE (High: 1.2316 / Low: 1.2120).

March Spread (Volatile) ±2.1114

October Spread (Stable) ±0.0197

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0521 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.3824) against the same month in 2019 (average: 1.2975), the exchange rate shifted by +0.0849 (+6.55%).

2020 Avg (March) 1.3824

2019 Avg (March) 1.2975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3154	1.2631	1.2909
February	1.3303	1.2865	1.3187
March	3.3907	1.2792	1.3824
April	1.3531	1.3227	1.3372
May	1.3458	1.2991	1.3255
June	1.2967	1.2552	1.2734
July	1.3032	1.2233	1.2567
August	1.2294	1.1871	1.2114
September	1.2386	1.2061	1.2215
October	1.2316	1.2120	1.2242
November	1.2362	1.1973	1.2151
December	1.1942	1.1651	1.1797