YEARLY HIGH
0.1879 SZL
YEARLY LOW
0.0661 SZL
YEARLY AVERAGE
0.1692 SZL

2020 CVE to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.1879. Conversely, the yearly low was recorded on March 18, dropping to 0.0661.

This high-to-low spread represents a total annual volatility of 0.1218 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1441 to the December average rate of 0.1639, the exchange rate registered a net change of 13.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1879 was up 19.81% compared to the 2019 peak of 0.1568, 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 940 SZL
2019 Average 731 SZL
Yearly Trough Low 331 SZL
Transaction Impact: A difference of 608.86 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1883
0.1400
JanuMarcMayJulySeptNove

CVE to SZL 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 0.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0085 points.

H1 Avg (Jan–Jun) 0.1650
H2 Avg (Jul–Dec) 0.1735

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1122 SZL (High: 0.1784 / Low: 0.0661). On the other end, October was the most stable month, with a tight range of 0.0046 SZL (High: 0.1769 / Low: 0.1722).

March Spread (Volatile) ±0.1122
October Spread (Stable) ±0.0046

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 0.0089 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1842) against the same month in 2019 (average: 0.1521), the exchange rate shifted by +0.0321 (+21.10%).

2020 Avg (August) 0.1842
2019 Avg (August) 0.1521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1475 0.1413 0.1441
February 0.1516 0.1456 0.1478
March 0.1784 0.0661 0.1626
April 0.1861 0.1763 0.1822
May 0.1842 0.1727 0.1793
June 0.1770 0.1697 0.1741
July 0.1774 0.1643 0.1731
August 0.1879 0.1774 0.1842
September 0.1813 0.1729 0.1784
October 0.1769 0.1722 0.1750
November 0.1722 0.1632 0.1661
December 0.1684 0.1608 0.1639