2020 PEN to CVE Historical Review

YEARLY HIGH

72.0938 CVE

YEARLY LOW

24.8791 CVE

YEARLY AVERAGE

27.9591 CVE

2020 PEN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 72.0938. Conversely, the yearly low was recorded on December 30, dropping to 24.8791.

This high-to-low spread represents a total annual volatility of 47.2146 CVE. From a start-to-finish perspective, comparing the January average rate of 29.9684 to the December average rate of 25.2502, the exchange rate registered a net change of -15.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 72.0938 was up 138.86% compared to the 2019 peak of 30.1822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 360,469 CVE

2019 Average 148,069 CVE

Yearly Trough Low 124,396 CVE

Transaction Impact: A difference of 236,073.14 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30.6637

24.7580

JanuMarcMayJulySeptNove

PEN 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 29.6665, compared to 26.2518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4147 points.

H1 Avg (Jan–Jun) 29.6665

H2 Avg (Jul–Dec) 26.2518

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 44.4178 CVE (High: 72.0938 / Low: 27.6760). On the other end, September was the most stable month, with a tight range of 0.4732 CVE (High: 26.6233 / Low: 26.1501).

March Spread (Volatile) ±44.4178

September Spread (Stable) ±0.4732

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.3539 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.3539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 30.1716) against the same month in 2019 (average: 29.5954), the exchange rate shifted by +0.5762 (+1.95%).

2020 Avg (March) 30.1716

2019 Avg (March) 29.5954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.2398	29.5934	29.9684
February	30.3064	29.2083	29.9167
March	72.0938	27.6760	30.1716
April	30.4205	29.3088	29.9507
May	30.1513	28.9755	29.6728
June	29.0882	27.8337	28.3189
July	28.4476	26.5713	27.5425
August	26.6436	25.8380	26.2255
September	26.6233	26.1501	26.3970
October	26.4056	25.9062	26.1692
November	26.3107	25.5287	25.9264
December	25.4824	24.8791	25.2502