YEARLY HIGH
0.7970 CVE
YEARLY LOW
0.2991 CVE
YEARLY AVERAGE
0.3168 CVE

2020 HUF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.7970. Conversely, the yearly low was recorded on April 4, dropping to 0.2991.

This high-to-low spread represents a total annual volatility of 0.4979 CVE. From a start-to-finish perspective, comparing the January average rate of 0.3312 to the December average rate of 0.3084, the exchange rate registered a net change of -6.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7970 was up 124.71% compared to the 2019 peak of 0.3547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 796,953 CVE
2019 Average 340,089 CVE
Yearly Trough Low 299,098 CVE
Transaction Impact: A difference of 497,855.28 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3399
0.3024
JanuMarcMayJulySeptNove

HUF 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 0.3234, compared to 0.3103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0131 points.

H1 Avg (Jan–Jun) 0.3234
H2 Avg (Jul–Dec) 0.3103

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4898 CVE (High: 0.7970 / Low: 0.3072). On the other end, February was the most stable month, with a tight range of 0.0050 CVE (High: 0.3301 / Low: 0.3250).

March Spread (Volatile) ±0.4898
February Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between April and June, 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 0.0264 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3368) against the same month in 2019 (average: 0.3494), the exchange rate shifted by -0.0126 (-3.62%).

2020 Avg (March) 0.3368
2019 Avg (March) 0.3494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3361 0.3275 0.3312
February 0.3301 0.3250 0.3281
March 0.7970 0.3072 0.3368
April 0.3168 0.2991 0.3105
May 0.3197 0.3115 0.3152
June 0.3232 0.3099 0.3185
July 0.3411 0.3113 0.3162
August 0.3248 0.3074 0.3168
September 0.3104 0.3009 0.3069
October 0.3118 0.2995 0.3055
November 0.3119 0.3006 0.3078
December 0.3135 0.3035 0.3084