2020 CVE to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CVE to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CVE to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 12.8680. Conversely, the yearly low was recorded on March 18, dropping to 4.8779.
This high-to-low spread represents a total annual volatility of 7.9900 KRW. From a start-to-finish perspective, comparing the January average rate of 11.7005 to the December average rate of 12.0356, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 12.8680 was up 4.03% compared to the 2019 peak of 12.3698, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CVE to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.9608, compared to 12.2953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3345 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 7.5300 KRW (High: 12.4079 / Low: 4.8779). On the other end, November was the most stable month, with a tight range of 0.1989 KRW (High: 12.0326 / Low: 11.8338).
Growth Streaks & Declines
TrendsBetween January and August, 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 September and October, when the average rate fell by 0.3903 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 12.7172) against the same month in 2019 (average: 12.1930), the exchange rate shifted by +0.5242 (+4.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.9388 | 11.5965 | 11.7005 |
| February | 12.0269 | 11.5931 | 11.7803 |
| March | 12.4079 | 4.8779 | 11.8841 |
| April | 12.2033 | 11.8506 | 12.0050 |
| May | 12.3786 | 11.8813 | 12.1280 |
| June | 12.4122 | 12.1575 | 12.2667 |
| July | 12.7266 | 11.9138 | 12.3837 |
| August | 12.8680 | 12.5694 | 12.7172 |
| September | 12.8403 | 12.3041 | 12.5519 |
| October | 12.3924 | 11.9442 | 12.1616 |
| November | 12.0326 | 11.8338 | 11.9216 |
| December | 12.2160 | 11.8812 | 12.0356 |