YEARLY HIGH
2.1689 CVE
YEARLY LOW
0.7635 CVE
YEARLY AVERAGE
0.8235 CVE

2020 NPR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.1689. Conversely, the yearly low was recorded on December 21, dropping to 0.7635.

This high-to-low spread represents a total annual volatility of 1.4054 CVE. From a start-to-finish perspective, comparing the January average rate of 0.8745 to the December average rate of 0.7718, the exchange rate registered a net change of -11.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1689 was up 140.32% compared to the 2019 peak of 0.9025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,844 CVE
2019 Average 4,389 CVE
Yearly Trough Low 3,817 CVE
Transaction Impact: A difference of 7,027.22 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8987
0.7602
JanuMarcMayJulySeptNove

NPR 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 0.8556, compared to 0.7914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0642 points.

H1 Avg (Jan–Jun) 0.8556
H2 Avg (Jul–Dec) 0.7914

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.3495 CVE (High: 2.1689 / Low: 0.8194). On the other end, September was the most stable month, with a tight range of 0.0159 CVE (High: 0.8073 / Low: 0.7914).

March Spread (Volatile) ±1.3495
September Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between August and October, 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 0.0498 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8859) against the same month in 2019 (average: 0.8800), the exchange rate shifted by +0.0060 (+0.68%).

2020 Avg (March) 0.8859
2019 Avg (March) 0.8800

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8824 0.8593 0.8745
February 0.8976 0.8734 0.8872
March 2.1689 0.8194 0.8859
April 0.8475 0.8265 0.8361
May 0.8486 0.8231 0.8381
June 0.8253 0.8040 0.8120
July 0.8388 0.7849 0.8078
August 0.7901 0.7728 0.7826
September 0.8073 0.7914 0.7991
October 0.8065 0.7905 0.7997
November 0.7980 0.7796 0.7873
December 0.7800 0.7635 0.7718