2020 MDL to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MDL to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MDL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 14.4294. Conversely, the yearly low was recorded on December 28, dropping to 5.2463.
This high-to-low spread represents a total annual volatility of 9.1831 CVE. From a start-to-finish perspective, comparing the January average rate of 5.7365 to the December average rate of 5.2880, the exchange rate registered a net change of -7.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 14.4294 was up 148.21% compared to the 2019 peak of 5.8135, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MDL to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.7601, compared to 5.5535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2065 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 8.8857 CVE (High: 14.4294 / Low: 5.5438). On the other end, September was the most stable month, with a tight range of 0.0826 CVE (High: 5.6924 / Low: 5.6097).
Growth Streaks & Declines
TrendsBetween 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 0.3422 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 5.9619) against the same month in 2019 (average: 5.6962), the exchange rate shifted by +0.2656 (+4.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.8231 | 5.6682 | 5.7365 |
| February | 5.8383 | 5.7061 | 5.7780 |
| March | 14.4294 | 5.5438 | 5.9619 |
| April | 5.7760 | 5.4952 | 5.6197 |
| May | 5.8110 | 5.6166 | 5.7300 |
| June | 5.7996 | 5.6895 | 5.7342 |
| July | 6.0024 | 5.6450 | 5.7143 |
| August | 5.7438 | 5.5743 | 5.6444 |
| September | 5.6924 | 5.6097 | 5.6458 |
| October | 5.6278 | 5.4801 | 5.5641 |
| November | 5.5856 | 5.3648 | 5.4645 |
| December | 5.3538 | 5.2463 | 5.2880 |