YEARLY HIGH
33.6777 CVE
YEARLY LOW
11.5534 CVE
YEARLY AVERAGE
12.6365 CVE

2020 GTQ to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 33.6777. Conversely, the yearly low was recorded on December 30, dropping to 11.5534.

This high-to-low spread represents a total annual volatility of 22.1243 CVE. From a start-to-finish perspective, comparing the January average rate of 12.9462 to the December average rate of 11.6484, the exchange rate registered a net change of -10.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 33.6777 was up 155.02% compared to the 2019 peak of 13.2059, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,388 CVE
2019 Average 64,164 CVE
Yearly Trough Low 57,767 CVE
Transaction Impact: A difference of 110,621.41 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.9078
11.4430
JanuMarcMayJulySeptNove

GTQ 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 13.1815, compared to 12.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0900 points.

H1 Avg (Jan–Jun) 13.1815
H2 Avg (Jul–Dec) 12.0915

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 21.0077 CVE (High: 33.6777 / Low: 12.6700). On the other end, October was the most stable month, with a tight range of 0.1862 CVE (High: 12.1665 / Low: 11.9803).

March Spread (Volatile) ±21.0077
October Spread (Stable) ±0.1862

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 0.4904 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4904

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 13.7024) against the same month in 2019 (average: 12.7166), the exchange rate shifted by +0.9858 (+7.75%).

2020 Avg (March) 13.7024
2019 Avg (March) 12.7166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1265 12.7379 12.9462
February 13.4383 13.0705 13.2719
March 33.6777 12.6700 13.7024
April 13.3030 13.1054 13.2121
May 13.3327 12.9449 13.1691
June 12.9349 12.6678 12.7872
July 13.0382 12.1707 12.5827
August 12.2535 12.0112 12.1202
September 12.2486 11.9873 12.0998
October 12.1665 11.9803 12.0913
November 12.1902 11.7983 12.0063
December 11.7630 11.5534 11.6484