YEARLY HIGH
5.0600 CVE
YEARLY LOW
1.7395 CVE
YEARLY AVERAGE
1.8958 CVE

2020 GMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 5.0600. Conversely, the yearly low was recorded on December 30, dropping to 1.7395.

This high-to-low spread represents a total annual volatility of 3.3205 CVE. From a start-to-finish perspective, comparing the January average rate of 1.9473 to the December average rate of 1.7566, the exchange rate registered a net change of -9.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 5.0600 was up 150.94% compared to the 2019 peak of 2.0165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25,300 CVE
2019 Average 9,861 CVE
Yearly Trough Low 8,697 CVE
Transaction Impact: A difference of 16,602.61 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0998
1.7254
JanuMarcMayJulySeptNove

GMD 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 1.9803, compared to 1.8113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1690 points.

H1 Avg (Jan–Jun) 1.9803
H2 Avg (Jul–Dec) 1.8113

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.1509 CVE (High: 5.0600 / Low: 1.9091). On the other end, October was the most stable month, with a tight range of 0.0281 CVE (High: 1.8291 / Low: 1.8010).

March Spread (Volatile) ±3.1509
October Spread (Stable) ±0.0281

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 0.0715 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0715

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.0686) against the same month in 2019 (average: 1.9714), the exchange rate shifted by +0.0972 (+4.93%).

2020 Avg (March) 2.0686
2019 Avg (March) 1.9714

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9683 1.9249 1.9473
February 2.0155 1.9599 1.9879
March 5.0600 1.9091 2.0686
April 2.0147 1.9815 1.9971
May 2.0068 1.9317 1.9740
June 1.9313 1.8903 1.9070
July 1.9369 1.8118 1.8715
August 1.8205 1.7886 1.8018
September 1.8406 1.7886 1.8130
October 1.8291 1.8010 1.8180
November 1.8364 1.7809 1.8068
December 1.7768 1.7395 1.7566