YEARLY HIGH
0.2050 CVE
YEARLY LOW
0.0777 CVE
YEARLY AVERAGE
0.0827 CVE

2020 KRW to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.2050. Conversely, the yearly low was recorded on August 22, dropping to 0.0777.

This high-to-low spread represents a total annual volatility of 0.1273 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0855 to the December average rate of 0.0831, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2050 was up 134.43% compared to the 2019 peak of 0.0874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,025,021 CVE
2019 Average 424,100 CVE
Yearly Trough Low 388,561 CVE
Transaction Impact: A difference of 636,460.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0873
0.0779
JanuMarcMayJulySeptNove

KRW 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 0.0840, compared to 0.0814 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0840
H2 Avg (Jul–Dec) 0.0814

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1244 CVE (High: 0.2050 / Low: 0.0806). On the other end, November was the most stable month, with a tight range of 0.0014 CVE (High: 0.0845 / Low: 0.0831).

March Spread (Volatile) ±0.1244
November Spread (Stable) ±0.0014

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 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0865) against the same month in 2019 (average: 0.0864), the exchange rate shifted by +0.0001 (+0.15%).

2020 Avg (March) 0.0865
2019 Avg (March) 0.0864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0862 0.0838 0.0855
February 0.0863 0.0831 0.0849
March 0.2050 0.0806 0.0865
April 0.0844 0.0819 0.0833
May 0.0842 0.0808 0.0825
June 0.0823 0.0806 0.0815
July 0.0839 0.0786 0.0808
August 0.0796 0.0777 0.0786
September 0.0813 0.0779 0.0797
October 0.0837 0.0807 0.0822
November 0.0845 0.0831 0.0839
December 0.0842 0.0819 0.0831