2020 SBD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |