YEARLY HIGH
74.8502 CVE
YEARLY LOW
25.5844 CVE
YEARLY AVERAGE
28.1457 CVE

2020 PGK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PGK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 74.8502. Conversely, the yearly low was recorded on December 31, dropping to 25.5844.

This high-to-low spread represents a total annual volatility of 49.2658 CVE. From a start-to-finish perspective, comparing the January average rate of 29.2879 to the December average rate of 25.8558, the exchange rate registered a net change of -11.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 74.8502 was up 110.05% compared to the 2019 peak of 35.6344, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 374,251 CVE
2019 Average 146,014 CVE
Yearly Trough Low 127,922 CVE
Transaction Impact: A difference of 246,329.11 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

31.2148
25.3686
JanuMarcMayJulySeptNove

PGK 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 29.5155, compared to 26.7759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7395 points.

H1 Avg (Jan–Jun) 29.5155
H2 Avg (Jul–Dec) 26.7759

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 46.7842 CVE (High: 74.8502 / Low: 28.0660). On the other end, October was the most stable month, with a tight range of 0.5122 CVE (High: 27.0516 / Low: 26.5395).

March Spread (Volatile) ±46.7842
October Spread (Stable) ±0.5122

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 1.3072 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 30.7276) against the same month in 2019 (average: 28.9950), the exchange rate shifted by +1.7326 (+5.98%).

2020 Avg (March) 30.7276
2019 Avg (March) 28.9950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.7337 28.7818 29.2879
February 30.3277 29.0245 29.8135
March 74.8502 28.0660 30.7276
April 30.0073 29.1003 29.5565
May 29.7376 28.7749 29.2592
June 28.7527 27.9735 28.4480
July 28.6672 26.8158 27.9088
August 27.0401 26.2254 26.6017
September 27.2635 26.2420 26.8685
October 27.0516 26.5395 26.8319
November 27.0941 26.2022 26.5889
December 26.1244 25.5844 25.8558