YEARLY HIGH
1.9768 DJF
YEARLY LOW
0.6912 DJF
YEARLY AVERAGE
1.8327 DJF

2020 CVE to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.9768. Conversely, the yearly low was recorded on March 18, dropping to 0.6912.

This high-to-low spread represents a total annual volatility of 1.2856 DJF. From a start-to-finish perspective, comparing the January average rate of 1.7864 to the December average rate of 1.9582, 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 1.9768 was up 6.54% compared to the 2019 peak of 1.8555, 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 9,884 DJF
2019 Average 9,007 DJF
Yearly Trough Low 3,456 DJF
Transaction Impact: A difference of 6,427.87 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9799
1.7194
JanuMarcMayJulySeptNove

CVE to DJF 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 1.7660, compared to 1.8994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1333 points.

H1 Avg (Jan–Jun) 1.7660
H2 Avg (Jul–Dec) 1.8994

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1391 DJF (High: 1.8303 / Low: 0.6912). On the other end, April was the most stable month, with a tight range of 0.0249 DJF (High: 1.7598 / Low: 1.7349).

March Spread (Volatile) ±1.1391
April Spread (Stable) ±0.0249

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 0.0312 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.9582) against the same month in 2019 (average: 1.7849), the exchange rate shifted by +0.1733 (+9.71%).

2020 Avg (December) 1.9582
2019 Avg (December) 1.7849

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8044 1.7699 1.7864
February 1.7769 1.7367 1.7552
March 1.8303 0.6912 1.7412
April 1.7598 1.7349 1.7479
May 1.7889 1.7345 1.7563
June 1.8263 1.7902 1.8094
July 1.8972 1.7743 1.8385
August 1.9228 1.8860 1.9067
September 1.9212 1.8693 1.8971
October 1.9101 1.8808 1.8921
November 1.9300 1.8731 1.9035
December 1.9768 1.9365 1.9582