YEARLY HIGH
0.0111 USD
YEARLY LOW
0.0039 USD
YEARLY AVERAGE
0.0103 USD

2020 CVE to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0111. Conversely, the yearly low was recorded on March 18, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0072 USD. From a start-to-finish perspective, comparing the January average rate of 0.0100 to the December average rate of 0.0110, the exchange rate registered a net change of 9.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0111 was up 6.55% compared to the 2019 peak of 0.0104, 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 56 USD
2019 Average 51 USD
Yearly Trough Low 19 USD
Transaction Impact: A difference of 36.10 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0111
0.0097
JanuMarcMayJulySeptNove

CVE to USD 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 0.0099, compared to 0.0107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0099
H2 Avg (Jul–Dec) 0.0107

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0064 USD (High: 0.0103 / Low: 0.0039). On the other end, April was the most stable month, with a tight range of 0.0001 USD (High: 0.0099 / Low: 0.0097).

March Spread (Volatile) ±0.0064
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0110) against the same month in 2019 (average: 0.0100), the exchange rate shifted by +0.0010 (+9.70%).

2020 Avg (December) 0.0110
2019 Avg (December) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0101 0.0099 0.0100
February 0.0100 0.0098 0.0099
March 0.0103 0.0039 0.0098
April 0.0099 0.0097 0.0098
May 0.0101 0.0097 0.0099
June 0.0103 0.0101 0.0102
July 0.0107 0.0100 0.0103
August 0.0108 0.0106 0.0107
September 0.0108 0.0105 0.0107
October 0.0107 0.0106 0.0106
November 0.0108 0.0105 0.0107
December 0.0111 0.0109 0.0110