YEARLY HIGH
0.0084 GBP
YEARLY LOW
0.0033 GBP
YEARLY AVERAGE
0.0080 GBP

2020 CVE to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0084. Conversely, the yearly low was recorded on March 18, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0051 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0082, the exchange rate registered a net change of 6.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0084 was down 0.33% compared to the 2019 peak of 0.0084, 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 42 GBP
2019 Average 40 GBP
Yearly Trough Low 17 GBP
Transaction Impact: A difference of 25.29 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0083
0.0075
JanuMarcMayJulySeptNove

CVE to GBP 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 0.0079, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0079
H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0051 GBP (High: 0.0084 / Low: 0.0033). On the other end, October was the most stable month, with a tight range of 0.0001 GBP (High: 0.0083 / Low: 0.0081).

March Spread (Volatile) ±0.0051
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0079) against the same month in 2019 (average: 0.0078), the exchange rate shifted by +0.0001 (+1.79%).

2020 Avg (March) 0.0079
2019 Avg (March) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0077 0.0076 0.0077
February 0.0077 0.0075 0.0076
March 0.0084 0.0033 0.0079
April 0.0080 0.0078 0.0079
May 0.0081 0.0079 0.0080
June 0.0083 0.0080 0.0081
July 0.0082 0.0077 0.0082
August 0.0083 0.0081 0.0082
September 0.0084 0.0081 0.0082
October 0.0083 0.0081 0.0082
November 0.0082 0.0080 0.0081
December 0.0083 0.0081 0.0082