YEARLY HIGH
281.8410 CVE
YEARLY LOW
108.9639 CVE
YEARLY AVERAGE
111.1992 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,409,205 CVE
2019 Average 553,115 CVE
Yearly Trough Low 544,819 CVE
Transaction Impact: A difference of 864,385.29 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

117.1691
109.8394
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 111.6926
H2 Avg (Jul–Dec) 110.7058

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±172.8771
December Spread (Stable) ±0.8527

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.8750

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 116.5583
2019 Avg (March) 110.5293

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