YEARLY HIGH
0.0061 CVE
YEARLY LOW
0.0015 CVE
YEARLY AVERAGE
0.0023 CVE

2020 IRR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IRR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0061. Conversely, the yearly low was recorded on July 7, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0046 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0024 to the December average rate of 0.0022, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0061 was up 154.41% compared to the 2019 peak of 0.0024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 CVE
2019 Average 12 CVE
Yearly Trough Low 7 CVE
Transaction Impact: A difference of 23.19 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0025
0.0021
JanuMarcMayJulySeptNove

IRR 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 0.0024, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0024
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0038 CVE (High: 0.0061 / Low: 0.0023). On the other end, April was the most stable month, with a tight range of 0.0000 CVE (High: 0.0024 / Low: 0.0024).

March Spread (Volatile) ±0.0038
April Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0025) against the same month in 2019 (average: 0.0023), the exchange rate shifted by +0.0002 (+7.82%).

2020 Avg (March) 0.0025
2019 Avg (March) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0024 0.0023 0.0024
February 0.0024 0.0024 0.0024
March 0.0061 0.0023 0.0025
April 0.0024 0.0024 0.0024
May 0.0024 0.0024 0.0024
June 0.0024 0.0023 0.0023
July 0.0024 0.0015 0.0023
August 0.0022 0.0022 0.0022
September 0.0023 0.0022 0.0022
October 0.0022 0.0022 0.0022
November 0.0023 0.0022 0.0022
December 0.0022 0.0021 0.0022