2020 CVE to AFN Historical Review

YEARLY HIGH

0.8583 AFN

YEARLY LOW

0.2949 AFN

YEARLY AVERAGE

0.7912 AFN

2020 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8583. Conversely, the yearly low was recorded on March 18, dropping to 0.2949.

This high-to-low spread represents a total annual volatility of 0.5634 AFN. From a start-to-finish perspective, comparing the January average rate of 0.7747 to the December average rate of 0.8477, the exchange rate registered a net change of 9.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8583 was up 2.52% compared to the 2019 peak of 0.8372, 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 4,291 AFN

2019 Average 3,942 AFN

Yearly Trough Low 1,475 AFN

Transaction Impact: A difference of 2,816.83 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8579

0.7352

JanuMarcMayJulySeptNove

CVE to AFN 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 0.7610, compared to 0.8213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0602 points.

H1 Avg (Jan–Jun) 0.7610

H2 Avg (Jul–Dec) 0.8213

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4868 AFN (High: 0.7817 / Low: 0.2949). On the other end, October was the most stable month, with a tight range of 0.0132 AFN (High: 0.8251 / Low: 0.8119).

March Spread (Volatile) ±0.4868

October Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0164 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8477) against the same month in 2019 (average: 0.7876), the exchange rate shifted by +0.0601 (+7.63%).

2020 Avg (December) 0.8477

2019 Avg (December) 0.7876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7917	0.7602	0.7747
February	0.7773	0.7517	0.7584
March	0.7817	0.2949	0.7454
April	0.7560	0.7390	0.7479
May	0.7697	0.7430	0.7545
June	0.7967	0.7712	0.7853
July	0.8175	0.7673	0.7959
August	0.8424	0.8134	0.8256
September	0.8291	0.8073	0.8187
October	0.8251	0.8119	0.8168
November	0.8352	0.8089	0.8230
December	0.8583	0.8374	0.8477