2020 CVE to TOP Historical Review

YEARLY HIGH

0.0253 TOP

YEARLY LOW

0.0092 TOP

YEARLY AVERAGE

0.0237 TOP

2020 CVE to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0253. Conversely, the yearly low was recorded on March 18, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0161 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0230 to the December average rate of 0.0251, the exchange rate registered a net change of 9.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0253 was up 6.94% compared to the 2019 peak of 0.0237, 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 127 TOP

2019 Average 116 TOP

Yearly Trough Low 46 TOP

Transaction Impact: A difference of 80.55 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0254

0.0225

JanuMarcMayJulySeptNove

CVE to TOP 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 0.0229, compared to 0.0244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0229

H2 Avg (Jul–Dec) 0.0244

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0145 TOP (High: 0.0238 / Low: 0.0092). On the other end, January was the most stable month, with a tight range of 0.0003 TOP (High: 0.0232 / Low: 0.0229).

March Spread (Volatile) ±0.0145

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, 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 January and February, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0251) against the same month in 2019 (average: 0.0231), the exchange rate shifted by +0.0021 (+8.94%).

2020 Avg (December) 0.0251

2019 Avg (December) 0.0231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0232	0.0229	0.0230
February	0.0231	0.0226	0.0228
March	0.0238	0.0092	0.0230
April	0.0233	0.0227	0.0229
May	0.0230	0.0226	0.0228
June	0.0233	0.0229	0.0231
July	0.0242	0.0227	0.0235
August	0.0247	0.0241	0.0244
September	0.0245	0.0241	0.0243
October	0.0249	0.0244	0.0246
November	0.0248	0.0245	0.0246
December	0.0253	0.0249	0.0251