2020 CVE to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CVE to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CVE to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 21.8900. Conversely, the yearly low was recorded on March 18, dropping to 6.6134.
This high-to-low spread represents a total annual volatility of 15.2766 CDF. From a start-to-finish perspective, comparing the January average rate of 16.9238 to the December average rate of 21.5013, the exchange rate registered a net change of 27.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 21.8900 was up 28.00% compared to the 2019 peak of 17.1009, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CVE to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.2978, compared to 20.8820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5842 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 10.9049 CDF (High: 17.5183 / Low: 6.6134). On the other end, January was the most stable month, with a tight range of 0.3482 CDF (High: 17.1227 / Low: 16.7745).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2577 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 21.5013) against the same month in 2019 (average: 16.8277), the exchange rate shifted by +4.6736 (+27.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.1227 | 16.7745 | 16.9238 |
| February | 16.8832 | 16.4858 | 16.6661 |
| March | 17.5183 | 6.6134 | 16.6711 |
| April | 17.0834 | 16.6748 | 16.8709 |
| May | 18.3273 | 16.9381 | 17.6247 |
| June | 19.5746 | 18.3608 | 19.0302 |
| July | 20.9483 | 19.4109 | 20.0963 |
| August | 21.1907 | 20.7455 | 21.0307 |
| September | 21.1760 | 20.6409 | 20.9150 |
| October | 21.0663 | 19.2372 | 20.7257 |
| November | 21.3333 | 20.6786 | 21.0228 |
| December | 21.8900 | 16.3016 | 21.5013 |