2020 NZD to CVE Historical Review

YEARLY HIGH

147.1694 CVE

YEARLY LOW

58.0030 CVE

YEARLY AVERAGE

63.3192 CVE

2020 NZD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 147.1694. Conversely, the yearly low was recorded on March 22, dropping to 58.0030.

This high-to-low spread represents a total annual volatility of 89.1664 CVE. From a start-to-finish perspective, comparing the January average rate of 65.8934 to the December average rate of 64.5166, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 147.1694 was up 117.81% compared to the 2019 peak of 67.5680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 735,847 CVE

2019 Average 325,528 CVE

Yearly Trough Low 290,015 CVE

Transaction Impact: A difference of 445,831.83 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

66.3623

60.7363

JanuMarcMayJulySeptNove

NZD 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 63.4246, compared to 63.2138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2108 points.

H1 Avg (Jan–Jun) 63.4246

H2 Avg (Jul–Dec) 63.2138

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 89.1664 CVE (High: 147.1694 / Low: 58.0030). On the other end, October was the most stable month, with a tight range of 0.9985 CVE (High: 62.8515 / Low: 61.8530).

March Spread (Volatile) ±89.1664

October Spread (Stable) ±0.9985

Growth Streaks & Declines

Trends

Between April and July, 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 2.2778 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.2778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 63.4830) against the same month in 2019 (average: 66.8537), the exchange rate shifted by -3.3707 (-5.04%).

2020 Avg (March) 63.4830

2019 Avg (March) 66.8537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.4464	64.7491	65.8934
February	65.7985	63.0502	64.8295
March	147.1694	58.0030	63.4830
April	62.6121	59.3810	61.2051
May	62.6402	60.6091	61.7061
June	64.3860	62.4753	63.4306
July	67.1086	62.2305	63.7989
August	62.7372	60.4711	61.6677
September	63.3186	61.6960	62.5673
October	62.8515	61.8530	62.4620
November	65.2996	62.4462	64.2701
December	65.1145	64.0681	64.5166