YEARLY HIGH
68.6201 CVE
YEARLY LOW
24.0053 CVE
YEARLY AVERAGE
25.9957 CVE

2020 SAR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SAR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 68.6201. Conversely, the yearly low was recorded on December 30, dropping to 24.0053.

This high-to-low spread represents a total annual volatility of 44.6148 CVE. From a start-to-finish perspective, comparing the January average rate of 26.5652 to the December average rate of 24.2343, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 68.6201 was up 154.24% compared to the 2019 peak of 26.9905, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 343,100 CVE
2019 Average 131,708 CVE
Yearly Trough Low 120,027 CVE
Transaction Impact: A difference of 223,073.79 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.4356
23.8524
JanuMarcMayJulySeptNove

SAR 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 26.9918, compared to 24.9995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9922 points.

H1 Avg (Jan–Jun) 26.9918
H2 Avg (Jul–Dec) 24.9995

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 42.7110 CVE (High: 68.6201 / Low: 25.9091). On the other end, October was the most stable month, with a tight range of 0.3878 CVE (High: 25.2383 / Low: 24.8505).

March Spread (Volatile) ±42.7110
October Spread (Stable) ±0.3878

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 March and April, when the average rate fell by 0.9666 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 28.0537) against the same month in 2019 (average: 26.0814), the exchange rate shifted by +1.9723 (+7.56%).

2020 Avg (March) 28.0537
2019 Avg (March) 26.0814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.8138 26.2971 26.5652
February 27.3334 26.6999 27.0407
March 68.6201 25.9091 28.0537
April 27.2831 26.8720 27.0870
May 27.3213 26.4980 26.9841
June 26.4962 25.9778 26.2201
July 26.7583 25.0229 25.8222
August 25.1649 24.6987 24.8940
September 25.3949 24.7004 25.0220
October 25.2383 24.8505 25.0853
November 25.3443 24.5952 24.9395
December 24.5155 24.0053 24.2343