YEARLY HIGH
0.0271 CVE
YEARLY LOW
0.0090 CVE
YEARLY AVERAGE
0.0101 CVE

2020 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0271. Conversely, the yearly low was recorded on December 30, dropping to 0.0090.

This high-to-low spread represents a total annual volatility of 0.0181 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0105 to the December average rate of 0.0091, the exchange rate registered a net change of -12.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0271 was up 143.97% compared to the 2019 peak of 0.0111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 136 CVE
2019 Average 54 CVE
Yearly Trough Low 45 CVE
Transaction Impact: A difference of 90.71 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0113
0.0089
JanuMarcMayJulySeptNove

GNF 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 0.0107, compared to 0.0096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0107
H2 Avg (Jul–Dec) 0.0096

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0169 CVE (High: 0.0271 / Low: 0.0102). On the other end, October was the most stable month, with a tight range of 0.0002 CVE (High: 0.0097 / Low: 0.0095).

March Spread (Volatile) ±0.0169
October Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0111) against the same month in 2019 (average: 0.0107), the exchange rate shifted by +0.0005 (+4.34%).

2020 Avg (March) 0.0111
2019 Avg (March) 0.0107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0103 0.0105
February 0.0109 0.0105 0.0107
March 0.0271 0.0102 0.0111
April 0.0109 0.0106 0.0107
May 0.0109 0.0104 0.0107
June 0.0104 0.0102 0.0103
July 0.0104 0.0098 0.0101
August 0.0098 0.0096 0.0097
September 0.0098 0.0096 0.0097
October 0.0097 0.0095 0.0096
November 0.0097 0.0094 0.0096
December 0.0093 0.0090 0.0091