YEARLY HIGH
0.0166 CVE
YEARLY LOW
0.0061 CVE
YEARLY AVERAGE
0.0067 CVE

2020 IDR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IDR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0166. Conversely, the yearly low was recorded on March 23, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0106 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0064, the exchange rate registered a net change of -11.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0166 was up 131.83% compared to the 2019 peak of 0.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 166,379 CVE
2019 Average 69,897 CVE
Yearly Trough Low 60,669 CVE
Transaction Impact: A difference of 105,710.67 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0075
0.0062
JanuMarcMayJulySeptNove

IDR 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 0.0070, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0070
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0106 CVE (High: 0.0166 / Low: 0.0061). On the other end, December was the most stable month, with a tight range of 0.0001 CVE (High: 0.0065 / Low: 0.0064).

March Spread (Volatile) ±0.0106
December Spread (Stable) ±0.0001

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 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0070) against the same month in 2019 (average: 0.0069), the exchange rate shifted by +0.0001 (+1.03%).

2020 Avg (March) 0.0070
2019 Avg (March) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0071 0.0073
February 0.0075 0.0072 0.0074
March 0.0166 0.0061 0.0070
April 0.0067 0.0061 0.0065
May 0.0069 0.0066 0.0068
June 0.0070 0.0068 0.0069
July 0.0069 0.0064 0.0067
August 0.0065 0.0062 0.0064
September 0.0064 0.0062 0.0063
October 0.0065 0.0063 0.0064
November 0.0067 0.0065 0.0066
December 0.0065 0.0064 0.0064