YEARLY HIGH
0.1923 NAD
YEARLY LOW
0.0644 NAD
YEARLY AVERAGE
0.1695 NAD

2020 CVE to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1923. Conversely, the yearly low was recorded on March 18, dropping to 0.0644.

This high-to-low spread represents a total annual volatility of 0.1279 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1441 to the December average rate of 0.1636, the exchange rate registered a net change of 13.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1923 was down 48.31% compared to the 2019 peak of 0.3721, 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 962 NAD
2019 Average 734 NAD
Yearly Trough Low 322 NAD
Transaction Impact: A difference of 639.63 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1899
0.1399
JanuMarcMayJulySeptNove

CVE to NAD 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 0.1650, compared to 0.1740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.1650
H2 Avg (Jul–Dec) 0.1740

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1145 NAD (High: 0.1789 / Low: 0.0644). On the other end, January was the most stable month, with a tight range of 0.0062 NAD (High: 0.1475 / Low: 0.1413).

March Spread (Volatile) ±0.1145
January Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.1767) against the same month in 2019 (average: 0.1489), the exchange rate shifted by +0.0278 (+18.68%).

2020 Avg (October) 0.1767
2019 Avg (October) 0.1489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1475 0.1413 0.1441
February 0.1526 0.1457 0.1476
March 0.1789 0.0644 0.1626
April 0.1861 0.1763 0.1822
May 0.1843 0.1729 0.1793
June 0.1763 0.1700 0.1740
July 0.1765 0.1665 0.1729
August 0.1876 0.1765 0.1858
September 0.1873 0.1734 0.1790
October 0.1923 0.1720 0.1767
November 0.1723 0.1640 0.1662
December 0.1672 0.1609 0.1636