2020 EUR to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EUR to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EUR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 281.8410. Conversely, the yearly low was recorded on March 13, dropping to 108.9639.
This high-to-low spread represents a total annual volatility of 172.8771 CVE. From a start-to-finish perspective, comparing the January average rate of 110.6570 to the December average rate of 110.6708, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 281.8410 was up 151.47% compared to the 2019 peak of 112.0771, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EUR to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 111.6926, compared to 110.7058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9869 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 172.8771 CVE (High: 281.8410 / Low: 108.9639). On the other end, December was the most stable month, with a tight range of 0.8527 CVE (High: 111.2171 / Low: 110.3644).
Growth Streaks & Declines
TrendsBetween August and November, 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 March and April, when the average rate fell by 5.8750 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 116.5583) against the same month in 2019 (average: 110.5293), the exchange rate shifted by +6.0290 (+5.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 111.1451 | 110.2139 | 110.6570 |
| February | 111.2705 | 110.2758 | 110.7339 |
| March | 281.8410 | 108.9639 | 116.5583 |
| April | 111.7139 | 109.5019 | 110.6833 |
| May | 111.8990 | 110.3676 | 110.7919 |
| June | 111.4106 | 110.0189 | 110.7314 |
| July | 118.1069 | 110.2131 | 110.9725 |
| August | 112.0413 | 109.2687 | 110.4502 |
| September | 111.4164 | 109.7523 | 110.6142 |
| October | 111.2118 | 110.3217 | 110.7229 |
| November | 111.6426 | 110.1230 | 110.8041 |
| December | 111.2171 | 110.3644 | 110.6708 |