YEARLY HIGH
16.7244 CVE
YEARLY LOW
5.8482 CVE
YEARLY AVERAGE
6.3233 CVE

2020 MVR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 16.7244. Conversely, the yearly low was recorded on December 30, dropping to 5.8482.

This high-to-low spread represents a total annual volatility of 10.8761 CVE. From a start-to-finish perspective, comparing the January average rate of 6.4485 to the December average rate of 5.8987, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 16.7244 was up 154.41% compared to the 2019 peak of 6.5739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,622 CVE
2019 Average 31,987 CVE
Yearly Trough Low 29,241 CVE
Transaction Impact: A difference of 54,380.68 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.9126
5.8065
JanuMarcMayJulySeptNove

MVR 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 6.5603, compared to 6.0864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4739 points.

H1 Avg (Jan–Jun) 6.5603
H2 Avg (Jul–Dec) 6.0864

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 10.4502 CVE (High: 16.7244 / Low: 6.2742). On the other end, October was the most stable month, with a tight range of 0.0997 CVE (High: 6.1477 / Low: 6.0480).

March Spread (Volatile) ±10.4502
October Spread (Stable) ±0.0997

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 0.2279 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 6.8205) against the same month in 2019 (average: 6.3280), the exchange rate shifted by +0.4925 (+7.78%).

2020 Avg (March) 6.8205
2019 Avg (March) 6.3280

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5113 6.3851 6.4485
February 6.6552 6.4796 6.5648
March 16.7244 6.2742 6.8205
April 6.6591 6.5512 6.6052
May 6.6440 6.4401 6.5511
June 6.4346 6.2914 6.3714
July 6.5162 6.0902 6.2878
August 6.1279 6.0123 6.0599
September 6.1811 6.0123 6.0921
October 6.1477 6.0480 6.1077
November 6.1721 5.9864 6.0720
December 5.9708 5.8482 5.8987