2020 CVE to BRL Historical Review

YEARLY HIGH

0.0612 BRL

YEARLY LOW

0.0198 BRL

YEARLY AVERAGE

0.0531 BRL

2020 CVE to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0612. Conversely, the yearly low was recorded on March 18, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0413 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0416 to the December average rate of 0.0566, the exchange rate registered a net change of 36.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0612 was up 44.46% compared to the 2019 peak of 0.0423, 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 306 BRL

2019 Average 200 BRL

Yearly Trough Low 99 BRL

Transaction Impact: A difference of 206.72 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0617

0.0397

JanuMarcMayJulySeptNove

CVE to BRL 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 0.0487, compared to 0.0575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.0487

H2 Avg (Jul–Dec) 0.0575

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0319 BRL (High: 0.0518 / Low: 0.0198). On the other end, January was the most stable month, with a tight range of 0.0021 BRL (High: 0.0428 / Low: 0.0407).

March Spread (Volatile) ±0.0319

January Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0026 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0598) against the same month in 2019 (average: 0.0408), the exchange rate shifted by +0.0191 (+46.74%).

2020 Avg (October) 0.0598

2019 Avg (October) 0.0408

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0428	0.0407	0.0416
February	0.0445	0.0421	0.0429
March	0.0518	0.0198	0.0477
April	0.0553	0.0504	0.0522
May	0.0577	0.0524	0.0553
June	0.0557	0.0492	0.0528
July	0.0556	0.0513	0.0546
August	0.0607	0.0556	0.0584
September	0.0597	0.0560	0.0575
October	0.0612	0.0589	0.0598
November	0.0609	0.0567	0.0581
December	0.0580	0.0550	0.0566