YEARLY HIGH
0.6997 EUR
YEARLY LOW
0.6279 EUR
YEARLY AVERAGE
0.6540 EUR

2020 CAD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.6997. Conversely, the yearly low was recorded on July 30, dropping to 0.6279.

This high-to-low spread represents a total annual volatility of 0.0718 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6886 to the December average rate of 0.6414, the exchange rate registered a net change of -6.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6997 was up 0.99% compared to the 2019 peak of 0.6928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,498 EUR
2019 Average 3,366 EUR
Yearly Trough Low 3,140 EUR
Transaction Impact: A difference of 358.77 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6948
0.6333
JanuMarcMayJulySeptNove

CAD to EUR 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 0.6651, compared to 0.6428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.6651
H2 Avg (Jul–Dec) 0.6428

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0424 EUR (High: 0.6734 / Low: 0.6310). On the other end, November was the most stable month, with a tight range of 0.0076 EUR (High: 0.6501 / Low: 0.6425).

March Spread (Volatile) ±0.0424
November Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0414 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.6897) against the same month in 2019 (average: 0.6674), the exchange rate shifted by +0.0223 (+3.34%).

2020 Avg (February) 0.6897
2019 Avg (February) 0.6674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6908 0.6809 0.6886
February 0.6997 0.6770 0.6897
March 0.6734 0.6310 0.6483
April 0.6625 0.6452 0.6547
May 0.6625 0.6319 0.6540
June 0.6617 0.6496 0.6555
July 0.6563 0.6279 0.6461
August 0.6446 0.6322 0.6385
September 0.6470 0.6362 0.6419
October 0.6480 0.6394 0.6434
November 0.6501 0.6425 0.6455
December 0.6479 0.6358 0.6414