YEARLY HIGH
151.2805 CVE
YEARLY LOW
52.9001 CVE
YEARLY AVERAGE
57.3015 CVE

2020 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 151.2805. Conversely, the yearly low was recorded on December 30, dropping to 52.9001.

This high-to-low spread represents a total annual volatility of 98.3803 CVE. From a start-to-finish perspective, comparing the January average rate of 58.5376 to the December average rate of 53.4027, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 151.2805 was up 154.41% compared to the 2019 peak of 59.4640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 756,402 CVE
2019 Average 290,152 CVE
Yearly Trough Low 264,501 CVE
Transaction Impact: A difference of 491,901.62 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

62.7196
52.5557
JanuMarcMayJulySeptNove

AZN 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 59.5254, compared to 55.0775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4479 points.

H1 Avg (Jan–Jun) 59.5254
H2 Avg (Jul–Dec) 55.0775

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 94.1586 CVE (High: 151.2805 / Low: 57.1219). On the other end, April was the most stable month, with a tight range of 0.8517 CVE (High: 60.2643 / Low: 59.4126).

March Spread (Volatile) ±94.1586
April Spread (Stable) ±0.8517

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 July and August, when the average rate fell by 2.0514 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0514

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 61.8726) against the same month in 2019 (average: 57.4566), the exchange rate shifted by +4.4159 (+7.69%).

2020 Avg (March) 61.8726
2019 Avg (March) 57.4566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.0896 57.9442 58.5376
February 60.2173 58.8399 59.5818
March 151.2805 57.1219 61.8726
April 60.2643 59.4126 59.8240
May 60.2937 58.4435 59.5434
June 58.4200 57.2482 57.7931
July 58.9427 55.1248 56.8905
August 55.4302 54.4200 54.8391
September 55.9471 54.4200 55.1257
October 55.6094 54.7430 55.2673
November 55.8297 54.1850 54.9397
December 54.0088 52.9001 53.4027