YEARLY HIGH
111.7496 CVE
YEARLY LOW
43.3491 CVE
YEARLY AVERAGE
44.9679 CVE

2020 FJD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 111.7496. Conversely, the yearly low was recorded on August 24, dropping to 43.3491.

This high-to-low spread represents a total annual volatility of 68.4006 CVE. From a start-to-finish perspective, comparing the January average rate of 46.0089 to the December average rate of 44.2055, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 111.7496 was up 104.82% compared to the 2019 peak of 54.5595, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 558,748 CVE
2019 Average 229,241 CVE
Yearly Trough Low 216,745 CVE
Transaction Impact: A difference of 342,002.81 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

46.5522
43.6349
JanuMarcMayJulySeptNove

FJD 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 45.6063, compared to 44.3295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2769 points.

H1 Avg (Jan–Jun) 45.6063
H2 Avg (Jul–Dec) 44.3295

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 68.2671 CVE (High: 111.7496 / Low: 43.4826). On the other end, January was the most stable month, with a tight range of 0.5309 CVE (High: 46.3544 / Low: 45.8235).

March Spread (Volatile) ±68.2671
January Spread (Stable) ±0.5309

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 March and April, when the average rate fell by 1.4915 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.4915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 46.3091) against the same month in 2019 (average: 45.9618), the exchange rate shifted by +0.3473 (+0.76%).

2020 Avg (March) 46.3091
2019 Avg (March) 45.9618

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.3544 45.8235 46.0089
February 46.6808 45.4484 46.0644
March 111.7496 43.4826 46.3091
April 45.6632 44.0196 44.8176
May 45.7697 44.9113 45.2549
June 45.5508 44.7251 45.1832
July 47.1636 44.2167 45.1057
August 44.5604 43.3491 43.8780
September 44.6177 43.8967 44.1891
October 44.4518 43.7569 44.1077
November 44.8273 43.6319 44.4908
December 44.7097 43.9603 44.2055