2020 SHP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SHP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SHP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2694.8060. Conversely, the yearly low was recorded on March 19, dropping to 1961.3422.
This high-to-low spread represents a total annual volatility of 733.4637 CDF. From a start-to-finish perspective, comparing the January average rate of 2205.3475 to the December average rate of 2628.8557, the exchange rate registered a net change of 19.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 2694.8060 was up 19.47% compared to the 2019 peak of 2255.7088, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SHP to CDF 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 2196.5373, compared to 2557.5468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 361.0095 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 700.3714 CDF (High: 2694.8060 / Low: 1994.4346). On the other end, January was the most stable month, with a tight range of 48.9268 CDF (High: 2238.4689 / Low: 2189.5421).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 82.8246 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 2628.8557) against the same month in 2019 (average: 2200.4874), the exchange rate shifted by +428.3682 (+19.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2238.4689 | 2189.5421 | 2205.3475 |
| February | 2225.3048 | 2171.4589 | 2192.2348 |
| March | 2225.9867 | 1961.3422 | 2109.4103 |
| April | 2175.4521 | 2089.4904 | 2132.7986 |
| May | 2251.2460 | 2144.4042 | 2196.4585 |
| June | 2402.5116 | 2280.2420 | 2342.9740 |
| July | 2579.8121 | 2385.5534 | 2465.1333 |
| August | 2620.6610 | 2547.3536 | 2579.7046 |
| September | 2628.3440 | 2497.0020 | 2541.9495 |
| October | 2577.7766 | 2346.3117 | 2530.8344 |
| November | 2633.3345 | 2536.7972 | 2598.8036 |
| December | 2694.8060 | 1994.4346 | 2628.8557 |