YEARLY HIGH
0.1710 MVR
YEARLY LOW
0.0598 MVR
YEARLY AVERAGE
0.1588 MVR

2020 CVE to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1710. Conversely, the yearly low was recorded on March 18, dropping to 0.0598.

This high-to-low spread represents a total annual volatility of 0.1112 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1551 to the December average rate of 0.1695, the exchange rate registered a net change of 9.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1710 was up 6.13% compared to the 2019 peak of 0.1611, 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 855 MVR
2019 Average 782 MVR
Yearly Trough Low 299 MVR
Transaction Impact: A difference of 556.00 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1714
0.1493
JanuMarcMayJulySeptNove

CVE to MVR 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 0.1533, compared to 0.1644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.1533
H2 Avg (Jul–Dec) 0.1644

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0996 MVR (High: 0.1594 / Low: 0.0598). On the other end, April was the most stable month, with a tight range of 0.0025 MVR (High: 0.1526 / Low: 0.1502).

March Spread (Volatile) ±0.0996
April Spread (Stable) ±0.0025

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 0.0027 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1695) against the same month in 2019 (average: 0.1548), the exchange rate shifted by +0.0147 (+9.49%).

2020 Avg (December) 0.1695
2019 Avg (December) 0.1548

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1566 0.1536 0.1551
February 0.1543 0.1503 0.1523
March 0.1594 0.0598 0.1511
April 0.1526 0.1502 0.1514
May 0.1553 0.1505 0.1527
June 0.1589 0.1554 0.1570
July 0.1642 0.1535 0.1591
August 0.1663 0.1632 0.1650
September 0.1663 0.1618 0.1642
October 0.1653 0.1627 0.1637
November 0.1670 0.1620 0.1647
December 0.1710 0.1675 0.1695