YEARLY HIGH
2.3231 GYD
YEARLY LOW
0.8096 GYD
YEARLY AVERAGE
2.1523 GYD

2020 CVE to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3231. Conversely, the yearly low was recorded on March 18, dropping to 0.8096.

This high-to-low spread represents a total annual volatility of 1.5135 GYD. From a start-to-finish perspective, comparing the January average rate of 2.0959 to the December average rate of 2.3020, the exchange rate registered a net change of 9.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3231 was up 6.82% compared to the 2019 peak of 2.1747, 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 11,615 GYD
2019 Average 10,575 GYD
Yearly Trough Low 4,048 GYD
Transaction Impact: A difference of 7,567.66 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3279
2.0175
JanuMarcMayJulySeptNove

CVE to GYD 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 2.0732, compared to 2.2313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1581 points.

H1 Avg (Jan–Jun) 2.0732
H2 Avg (Jul–Dec) 2.2313

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.3509 GYD (High: 2.1605 / Low: 0.8096). On the other end, April was the most stable month, with a tight range of 0.0300 GYD (High: 2.0666 / Low: 2.0366).

March Spread (Volatile) ±1.3509
April Spread (Stable) ±0.0300

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 0.0370 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.3020) against the same month in 2019 (average: 2.0936), the exchange rate shifted by +0.2084 (+9.95%).

2020 Avg (December) 2.3020
2019 Avg (December) 2.0936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1316 2.0663 2.0959
February 2.0891 2.0340 2.0588
March 2.1605 0.8096 2.0434
April 2.0666 2.0366 2.0525
May 2.1004 2.0353 2.0631
June 2.1500 2.1011 2.1255
July 2.2322 2.0837 2.1596
August 2.2587 2.2145 2.2396
September 2.2555 2.1968 2.2278
October 2.2445 2.2096 2.2229
November 2.2718 2.2007 2.2360
December 2.3231 2.2792 2.3020