2020 CVE to NOK Historical Review

YEARLY HIGH

0.1144 NOK

YEARLY LOW

0.0436 NOK

YEARLY AVERAGE

0.0968 NOK

2020 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1144. Conversely, the yearly low was recorded on March 18, dropping to 0.0436.

This high-to-low spread represents a total annual volatility of 0.0708 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0897 to the December average rate of 0.0957, the exchange rate registered a net change of 6.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1144 was up 23.53% compared to the 2019 peak of 0.0926, 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 572 NOK

2019 Average 445 NOK

Yearly Trough Low 218 NOK

Transaction Impact: A difference of 353.89 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1036

0.0885

JanuMarcMayJulySeptNove

CVE to NOK 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 0.0967, compared to 0.0968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0967

H2 Avg (Jul–Dec) 0.0968

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0708 NOK (High: 0.1144 / Low: 0.0436). On the other end, December was the most stable month, with a tight range of 0.0018 NOK (High: 0.0966 / Low: 0.0948).

March Spread (Volatile) ±0.0708

December Spread (Stable) ±0.0018

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 April and May, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1003) against the same month in 2019 (average: 0.0879), the exchange rate shifted by +0.0123 (+14.01%).

2020 Avg (March) 0.1003

2019 Avg (March) 0.0879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0919	0.0889	0.0897
February	0.0932	0.0904	0.0916
March	0.1144	0.0436	0.1003
April	0.1055	0.1000	0.1023
May	0.1036	0.0974	0.0995
June	0.0989	0.0943	0.0970
July	0.0970	0.0904	0.0960
August	0.0973	0.0942	0.0958
September	0.1008	0.0945	0.0975
October	0.1007	0.0974	0.0988
November	0.1011	0.0948	0.0971
December	0.0966	0.0948	0.0957