2020 MAD to CVE Historical Review

YEARLY HIGH

26.5771 CVE

YEARLY LOW

9.8008 CVE

YEARLY AVERAGE

10.2715 CVE

2020 MAD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 26.5771. Conversely, the yearly low was recorded on December 14, dropping to 9.8008.

This high-to-low spread represents a total annual volatility of 16.7762 CVE. From a start-to-finish perspective, comparing the January average rate of 10.3729 to the December average rate of 10.1225, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 26.5771 was up 152.64% compared to the 2019 peak of 10.5197, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132,885 CVE

2019 Average 51,372 CVE

Yearly Trough Low 49,004 CVE

Transaction Impact: A difference of 83,881.15 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10.9620

9.9699

JanuMarcMayJulySeptNove

MAD 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 10.3741, compared to 10.1689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2052 points.

H1 Avg (Jan–Jun) 10.3741

H2 Avg (Jul–Dec) 10.1689

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 16.6171 CVE (High: 26.5771 / Low: 9.9599). On the other end, October was the most stable month, with a tight range of 0.1209 CVE (High: 10.2765 / Low: 10.1556).

March Spread (Volatile) ±16.6171

October Spread (Stable) ±0.1209

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 0.8268 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 10.8794) against the same month in 2019 (average: 10.1762), the exchange rate shifted by +0.7032 (+6.91%).

2020 Avg (March) 10.8794

2019 Avg (March) 10.1762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4390	10.2608	10.3729
February	10.5633	10.4201	10.4831
March	26.5771	9.9599	10.8794
April	10.2926	9.8685	10.0526
May	10.4042	10.1642	10.2918
June	10.2508	10.1010	10.1647
July	10.7153	10.0570	10.1407
August	10.1788	10.0435	10.1120
September	10.2508	10.0763	10.1764
October	10.2765	10.1556	10.2198
November	10.3222	10.1555	10.2416
December	10.2327	9.8008	10.1225