YEARLY HIGH
0.0189 AZN
YEARLY LOW
0.0066 AZN
YEARLY AVERAGE
0.0175 AZN

2020 CVE to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0189. Conversely, the yearly low was recorded on March 18, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0123 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0171 to the December average rate of 0.0187, the exchange rate registered a net change of 9.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0189 was up 6.55% compared to the 2019 peak of 0.0177, 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 95 AZN
2019 Average 86 AZN
Yearly Trough Low 33 AZN
Transaction Impact: A difference of 61.47 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0189
0.0164
JanuMarcMayJulySeptNove

CVE to AZN 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 0.0169, compared to 0.0182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0169
H2 Avg (Jul–Dec) 0.0182

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0109 AZN (High: 0.0175 / Low: 0.0066). On the other end, April was the most stable month, with a tight range of 0.0002 AZN (High: 0.0168 / Low: 0.0166).

March Spread (Volatile) ±0.0109
April Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0187) against the same month in 2019 (average: 0.0171), the exchange rate shifted by +0.0017 (+9.70%).

2020 Avg (December) 0.0187
2019 Avg (December) 0.0171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0173 0.0169 0.0171
February 0.0170 0.0166 0.0168
March 0.0175 0.0066 0.0167
April 0.0168 0.0166 0.0167
May 0.0171 0.0166 0.0168
June 0.0175 0.0171 0.0173
July 0.0181 0.0170 0.0176
August 0.0184 0.0180 0.0182
September 0.0184 0.0179 0.0181
October 0.0183 0.0180 0.0181
November 0.0185 0.0179 0.0182
December 0.0189 0.0185 0.0187