YEARLY HIGH
31.1509 CVE
YEARLY LOW
11.1881 CVE
YEARLY AVERAGE
11.8480 CVE

2020 SBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 31.1509. Conversely, the yearly low was recorded on December 17, dropping to 11.1881.

This high-to-low spread represents a total annual volatility of 19.9628 CVE. From a start-to-finish perspective, comparing the January average rate of 12.0331 to the December average rate of 11.3055, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 31.1509 was up 152.02% compared to the 2019 peak of 12.3606, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,754 CVE
2019 Average 60,240 CVE
Yearly Trough Low 55,940 CVE
Transaction Impact: A difference of 99,813.82 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.8659
11.1637
JanuMarcMayJulySeptNove

SBD 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 12.2125, compared to 11.4835 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7291 points.

H1 Avg (Jan–Jun) 12.2125
H2 Avg (Jul–Dec) 11.4835

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 19.5293 CVE (High: 31.1509 / Low: 11.6215). On the other end, April was the most stable month, with a tight range of 0.1680 CVE (High: 12.3490 / Low: 12.1810).

March Spread (Volatile) ±19.5293
April Spread (Stable) ±0.1680

Growth Streaks & Declines

Trends

Between August and November, 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 0.4717 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4717

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 12.7240) against the same month in 2019 (average: 12.0352), the exchange rate shifted by +0.6888 (+5.72%).

2020 Avg (March) 12.7240
2019 Avg (March) 12.0352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1855 11.8800 12.0331
February 12.4496 12.1160 12.2903
March 31.1509 11.6215 12.7240
April 12.3490 12.1810 12.2524
May 12.4158 11.9348 12.1764
June 11.9101 11.6926 11.7989
July 12.1190 11.3715 11.6397
August 11.4723 11.2091 11.3090
September 11.7018 11.2091 11.4730
October 11.7072 11.5102 11.5845
November 11.7624 11.4360 11.5890
December 11.4448 11.1881 11.3055