YEARLY HIGH
2.7171 CVE
YEARLY LOW
0.8248 CVE
YEARLY AVERAGE
1.0764 CVE

2020 HTG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HTG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.7171. Conversely, the yearly low was recorded on August 20, dropping to 0.8248.

This high-to-low spread represents a total annual volatility of 1.8923 CVE. From a start-to-finish perspective, comparing the January average rate of 1.0147 to the December average rate of 1.3014, the exchange rate registered a net change of 28.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7171 was up 116.49% compared to the 2019 peak of 1.2551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,585 CVE
2019 Average 5,496 CVE
Yearly Trough Low 4,124 CVE
Transaction Impact: A difference of 9,461.35 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.5478
0.7693
JanuMarcMayJulySeptNove

HTG 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 1.0155, compared to 1.1373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1218 points.

H1 Avg (Jan–Jun) 1.0155
H2 Avg (Jul–Dec) 1.1373

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.6853 CVE (High: 2.7171 / Low: 1.0318). On the other end, August was the most stable month, with a tight range of 0.0254 CVE (High: 0.8502 / Low: 0.8248).

March Spread (Volatile) ±1.6853
August Spread (Stable) ±0.0254

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 0.1561 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1561

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.1178) against the same month in 2019 (average: 1.1738), the exchange rate shifted by -0.0560 (-4.77%).

2020 Avg (March) 1.1178
2019 Avg (March) 1.1738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0447 1.0027 1.0147
February 1.1419 1.0036 1.0401
March 2.7171 1.0318 1.1178
April 1.0792 1.0357 1.0565
May 0.9663 0.9338 0.9534
June 0.9275 0.8934 0.9103
July 0.9031 0.8441 0.8788
August 0.8502 0.8248 0.8341
September 0.9019 0.8252 0.8691
October 1.5085 1.4042 1.4829
November 1.5029 1.3939 1.4575
December 1.3929 1.2392 1.3014