2020 CVE to SGD Historical Review

YEARLY HIGH

0.0148 SGD

YEARLY LOW

0.0056 SGD

YEARLY AVERAGE

0.0142 SGD

2020 CVE to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0148. Conversely, the yearly low was recorded on March 18, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0092 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0136 to the December average rate of 0.0147, the exchange rate registered a net change of 8.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0148 was up 4.55% compared to the 2019 peak of 0.0142, 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 74 SGD

2019 Average 69 SGD

Yearly Trough Low 28 SGD

Transaction Impact: A difference of 46.09 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0148

0.0134

JanuMarcMayJulySeptNove

CVE to SGD 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 0.0139, compared to 0.0145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0139

H2 Avg (Jul–Dec) 0.0145

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0089 SGD (High: 0.0145 / Low: 0.0056). On the other end, October was the most stable month, with a tight range of 0.0002 SGD (High: 0.0145 / Low: 0.0144).

March Spread (Volatile) ±0.0089

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between 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 0.0001 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0147) against the same month in 2019 (average: 0.0140), the exchange rate shifted by +0.0007 (+5.10%).

2020 Avg (August) 0.0147

2019 Avg (August) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0136	0.0135	0.0136
February	0.0138	0.0136	0.0137
March	0.0145	0.0056	0.0138
April	0.0142	0.0138	0.0140
May	0.0142	0.0138	0.0140
June	0.0143	0.0141	0.0142
July	0.0146	0.0137	0.0143
August	0.0148	0.0145	0.0147
September	0.0147	0.0144	0.0146
October	0.0145	0.0144	0.0145
November	0.0145	0.0143	0.0144
December	0.0147	0.0145	0.0147