YEARLY HIGH
0.0143 CAD
YEARLY LOW
0.0056 CAD
YEARLY AVERAGE
0.0138 CAD

2020 CVE to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 0.0143. Conversely, the yearly low was recorded on March 18, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0087 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0141, the exchange rate registered a net change of 7.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0143 was up 1.16% compared to the 2019 peak of 0.0141, 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 71 CAD
2019 Average 67 CAD
Yearly Trough Low 28 CAD
Transaction Impact: A difference of 43.34 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0143
0.0130
JanuMarcMayJulySeptNove

CVE to CAD 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 0.0135, compared to 0.0141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0135
H2 Avg (Jul–Dec) 0.0141

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0086 CAD (High: 0.0143 / Low: 0.0056). On the other end, January was the most stable month, with a tight range of 0.0002 CAD (High: 0.0132 / Low: 0.0131).

March Spread (Volatile) ±0.0086
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0142) against the same month in 2019 (average: 0.0134), the exchange rate shifted by +0.0008 (+6.03%).

2020 Avg (August) 0.0142
2019 Avg (August) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0131 0.0131
February 0.0133 0.0129 0.0131
March 0.0143 0.0056 0.0136
April 0.0140 0.0136 0.0138
May 0.0142 0.0136 0.0138
June 0.0140 0.0136 0.0138
July 0.0143 0.0133 0.0140
August 0.0143 0.0141 0.0142
September 0.0142 0.0140 0.0141
October 0.0142 0.0139 0.0140
November 0.0141 0.0138 0.0140
December 0.0142 0.0139 0.0141