YEARLY HIGH
1.2352 CVE
YEARLY LOW
0.4305 CVE
YEARLY AVERAGE
0.4666 CVE

2020 GYD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GYD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.2352. Conversely, the yearly low was recorded on December 30, dropping to 0.4305.

This high-to-low spread represents a total annual volatility of 0.8048 CVE. From a start-to-finish perspective, comparing the January average rate of 0.4772 to the December average rate of 0.4344, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2352 was up 154.80% compared to the 2019 peak of 0.4848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,176 CVE
2019 Average 2,365 CVE
Yearly Trough Low 2,152 CVE
Transaction Impact: A difference of 4,023.85 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5113
0.4274
JanuMarcMayJulySeptNove

GYD 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 0.4849, compared to 0.4484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0366 points.

H1 Avg (Jan–Jun) 0.4849
H2 Avg (Jul–Dec) 0.4484

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7724 CVE (High: 1.2352 / Low: 0.4629). On the other end, October was the most stable month, with a tight range of 0.0070 CVE (High: 0.4526 / Low: 0.4455).

March Spread (Volatile) ±0.7724
October Spread (Stable) ±0.0070

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 0.0171 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.5043) against the same month in 2019 (average: 0.4686), the exchange rate shifted by +0.0357 (+7.62%).

2020 Avg (March) 0.5043
2019 Avg (March) 0.4686

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4840 0.4691 0.4772
February 0.4916 0.4787 0.4857
March 1.2352 0.4629 0.5043
April 0.4910 0.4839 0.4872
May 0.4913 0.4761 0.4847
June 0.4759 0.4651 0.4705
July 0.4799 0.4480 0.4632
August 0.4516 0.4427 0.4465
September 0.4552 0.4434 0.4489
October 0.4526 0.4455 0.4499
November 0.4544 0.4402 0.4472
December 0.4387 0.4305 0.4344