2020 BRL to CVE Historical Review

YEARLY HIGH

50.4288 CVE

YEARLY LOW

16.3468 CVE

YEARLY AVERAGE

19.1355 CVE

2020 BRL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BRL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 50.4288. Conversely, the yearly low was recorded on October 28, dropping to 16.3468.

This high-to-low spread represents a total annual volatility of 34.0820 CVE. From a start-to-finish perspective, comparing the January average rate of 24.0662 to the December average rate of 17.6705, the exchange rate registered a net change of -26.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 50.4288 was up 90.04% compared to the 2019 peak of 26.5353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 1,260,720 CVE

2019 Average 626,738 CVE

Yearly Trough Low 408,669 CVE

Transaction Impact: A difference of 852,050.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

24.8014

15.9793

JanuMarcMayJulySeptNove

BRL 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 20.8612, compared to 17.4097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4515 points.

H1 Avg (Jan–Jun) 20.8612

H2 Avg (Jul–Dec) 17.4097

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 31.1092 CVE (High: 50.4288 / Low: 19.3196). On the other end, October was the most stable month, with a tight range of 0.6273 CVE (High: 16.9740 / Low: 16.3468).

March Spread (Volatile) ±31.1092

October Spread (Stable) ±0.6273

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 March and April, when the average rate fell by 2.3755 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.3755

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 21.5448) against the same month in 2019 (average: 25.4431), the exchange rate shifted by -3.8983 (-15.32%).

2020 Avg (March) 21.5448

2019 Avg (March) 25.4431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.5839	23.3917	24.0662
February	23.7533	22.4684	23.3395
March	50.4288	19.3196	21.5448
April	19.8396	18.0918	19.1693
May	19.0736	17.3264	18.0812
June	20.3292	17.9463	18.9660
July	19.5044	17.9698	18.3077
August	17.9698	16.4855	17.1496
September	17.8694	16.7576	17.3892
October	16.9740	16.3468	16.7145
November	17.6238	16.4269	17.2268
December	18.1815	17.2299	17.6705