2020 ERN to CVE Historical Review

YEARLY HIGH

257.5550 CVE

YEARLY LOW

90.0625 CVE

YEARLY AVERAGE

97.5557 CVE

2020 ERN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ERN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 257.5550. Conversely, the yearly low was recorded on December 30, dropping to 90.0625.

This high-to-low spread represents a total annual volatility of 167.4925 CVE. From a start-to-finish perspective, comparing the January average rate of 99.6602 to the December average rate of 90.9181, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 257.5550 was up 154.41% compared to the 2019 peak of 101.2375, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ERN based on timing:

Yearly Peak High 1,287,775 CVE

2019 Average 493,984 CVE

Yearly Trough Low 450,313 CVE

Transaction Impact: A difference of 837,462.50 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

106.7801

89.4761

JanuMarcMayJulySeptNove

ERN to CVE 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 101.3420, compared to 93.7694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.5726 points.

H1 Avg (Jan–Jun) 101.3420

H2 Avg (Jul–Dec) 93.7694

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 160.3050 CVE (High: 257.5550 / Low: 97.2500). On the other end, April was the most stable month, with a tight range of 1.4500 CVE (High: 102.6000 / Low: 101.1500).

March Spread (Volatile) ±160.3050

April Spread (Stable) ±1.4500

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.4926 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.4926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 105.3381) against the same month in 2019 (average: 97.8199), the exchange rate shifted by +7.5181 (+7.69%).

2020 Avg (March) 105.3381

2019 Avg (March) 97.8199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	100.6000	98.6500	99.6602
February	102.5200	100.1750	101.4379
March	257.5550	97.2500	105.3381
April	102.6000	101.1500	101.8504
May	102.6500	99.5000	101.3726
June	99.4600	97.4650	98.3928
July	100.3500	93.8500	96.8561
August	94.3700	92.6500	93.3635
September	95.2500	92.6500	93.8515
October	94.6750	93.2000	94.0926
November	95.0500	92.2500	93.5348
December	91.9500	90.0625	90.9181