YEARLY HIGH
0.7214 CVE
YEARLY LOW
0.2523 CVE
YEARLY AVERAGE
0.2733 CVE

2020 MRO to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.7214. Conversely, the yearly low was recorded on December 30, dropping to 0.2523.

This high-to-low spread represents a total annual volatility of 0.4692 CVE. From a start-to-finish perspective, comparing the January average rate of 0.2792 to the December average rate of 0.2547, 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 0.7214 was up 154.41% compared to the 2019 peak of 0.2836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,607 CVE
2019 Average 1,384 CVE
Yearly Trough Low 1,261 CVE
Transaction Impact: A difference of 2,345.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2991
0.2506
JanuMarcMayJulySeptNove

MRO 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 0.2839, compared to 0.2627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 0.2839
H2 Avg (Jul–Dec) 0.2627

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4490 CVE (High: 0.7214 / Low: 0.2724). On the other end, April was the most stable month, with a tight range of 0.0041 CVE (High: 0.2874 / Low: 0.2833).

March Spread (Volatile) ±0.4490
April Spread (Stable) ±0.0041

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 July and August, when the average rate fell by 0.0098 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2951) against the same month in 2019 (average: 0.2740), the exchange rate shifted by +0.0211 (+7.69%).

2020 Avg (March) 0.2951
2019 Avg (March) 0.2740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2818 0.2763 0.2792
February 0.2872 0.2806 0.2841
March 0.7214 0.2724 0.2951
April 0.2874 0.2833 0.2853
May 0.2875 0.2787 0.2840
June 0.2786 0.2730 0.2756
July 0.2811 0.2629 0.2713
August 0.2643 0.2595 0.2615
September 0.2668 0.2595 0.2629
October 0.2652 0.2611 0.2636
November 0.2662 0.2584 0.2620
December 0.2576 0.2523 0.2547