2020 CVE to GNF Historical Review

YEARLY HIGH

111.1450 GNF

YEARLY LOW

36.8467 GNF

YEARLY AVERAGE

99.0929 GNF

2020 CVE to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 111.1450. Conversely, the yearly low was recorded on March 18, dropping to 36.8467.

This high-to-low spread represents a total annual volatility of 74.2983 GNF. From a start-to-finish perspective, comparing the January average rate of 95.1732 to the December average rate of 109.3802, the exchange rate registered a net change of 14.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 111.1450 was up 14.66% compared to the 2019 peak of 96.9310, 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 555,725 GNF

2019 Average 467,171 GNF

Yearly Trough Low 184,234 GNF

Transaction Impact: A difference of 371,491.65 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

111.0495

91.0179

JanuMarcMayJulySeptNove

CVE to GNF 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 94.1662, compared to 104.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.8534 points.

H1 Avg (Jan–Jun) 94.1662

H2 Avg (Jul–Dec) 104.0196

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 61.2778 GNF (High: 98.1245 / Low: 36.8467). On the other end, October was the most stable month, with a tight range of 1.8975 GNF (High: 105.1267 / Low: 103.2292).

March Spread (Volatile) ±61.2778

October Spread (Stable) ±1.8975

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.8067 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -1.8067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 109.3802) against the same month in 2019 (average: 95.0470), the exchange rate shifted by +14.3332 (+15.08%).

2020 Avg (December) 109.3802

2019 Avg (December) 95.0470

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	97.3037	93.5789	95.1732
February	95.0878	91.9358	93.3665
March	98.1245	36.8467	92.6872
April	94.1351	92.0039	93.2167
May	95.7563	91.7523	93.4562
June	98.1386	95.7703	97.0975
July	102.5442	96.0101	99.4219
August	104.2740	101.8862	103.3006
September	104.3193	102.2047	103.3683
October	105.1267	103.2292	103.9482
November	106.6154	102.9844	104.6987
December	111.1450	107.0472	109.3802