YEARLY HIGH
2.3767 CVE
YEARLY LOW
0.8687 CVE
YEARLY AVERAGE
0.9134 CVE

2020 JPY to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JPY to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.3767. Conversely, the yearly low was recorded on August 27, dropping to 0.8687.

This high-to-low spread represents a total annual volatility of 1.5080 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9124 to the December average rate of 0.8763, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3767 was up 149.59% compared to the 2019 peak of 0.9523, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 1,188,352 CVE
2019 Average 453,302 CVE
Yearly Trough Low 434,346 CVE
Transaction Impact: A difference of 754,005.56 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9883
0.8661
JanuMarcMayJulySeptNove

JPY 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 0.9362, compared to 0.8907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0455 points.

H1 Avg (Jan–Jun) 0.9362
H2 Avg (Jul–Dec) 0.8907

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.4706 CVE (High: 2.3767 / Low: 0.9061). On the other end, December was the most stable month, with a tight range of 0.0098 CVE (High: 0.8816 / Low: 0.8718).

March Spread (Volatile) ±1.4706
December Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0338 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.9781) against the same month in 2019 (average: 0.8803), the exchange rate shifted by +0.0978 (+11.11%).

2020 Avg (March) 0.9781
2019 Avg (March) 0.8803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9242 0.9019 0.9124
February 0.9335 0.9136 0.9230
March 2.3767 0.9061 0.9781
April 0.9576 0.9331 0.9443
May 0.9651 0.9238 0.9454
June 0.9278 0.8953 0.9141
July 0.9532 0.8867 0.9072
August 0.8941 0.8687 0.8808
September 0.9021 0.8723 0.8886
October 0.9052 0.8863 0.8943
November 0.9118 0.8844 0.8968
December 0.8816 0.8718 0.8763