YEARLY HIGH
0.0747 CNY
YEARLY LOW
0.0274 CNY
YEARLY AVERAGE
0.0710 CNY

2020 CVE to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 0.0747. Conversely, the yearly low was recorded on March 18, dropping to 0.0274.

This high-to-low spread represents a total annual volatility of 0.0473 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0695 to the December average rate of 0.0719, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0747 was up 3.85% compared to the 2019 peak of 0.0719, 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 374 CNY
2019 Average 350 CNY
Yearly Trough Low 137 CNY
Transaction Impact: A difference of 236.73 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0748
0.0682
JanuMarcMayJulySeptNove

CVE to CNY 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 0.0698, compared to 0.0722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0698
H2 Avg (Jul–Dec) 0.0722

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0445 CNY (High: 0.0719 / Low: 0.0274). On the other end, December was the most stable month, with a tight range of 0.0010 CNY (High: 0.0725 / Low: 0.0715).

March Spread (Volatile) ±0.0445
December Spread (Stable) ±0.0010

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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0742) against the same month in 2019 (average: 0.0711), the exchange rate shifted by +0.0031 (+4.36%).

2020 Avg (August) 0.0742
2019 Avg (August) 0.0711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0706 0.0688 0.0695
February 0.0701 0.0683 0.0690
March 0.0719 0.0274 0.0687
April 0.0701 0.0687 0.0694
May 0.0717 0.0690 0.0701
June 0.0726 0.0713 0.0720
July 0.0746 0.0697 0.0724
August 0.0747 0.0735 0.0742
September 0.0738 0.0716 0.0726
October 0.0722 0.0707 0.0715
November 0.0713 0.0699 0.0706
December 0.0725 0.0715 0.0719