YEARLY HIGH
298.9570 CVE
YEARLY LOW
118.9928 CVE
YEARLY AVERAGE
125.0701 CVE

2020 SHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 298.9570. Conversely, the yearly low was recorded on March 19, dropping to 118.9928.

This high-to-low spread represents a total annual volatility of 179.9642 CVE. From a start-to-finish perspective, comparing the January average rate of 130.3133 to the December average rate of 122.2654, the exchange rate registered a net change of -6.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 298.9570 was up 122.72% compared to the 2019 peak of 134.2277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,494,785 CVE
2019 Average 630,843 CVE
Yearly Trough Low 594,964 CVE
Transaction Impact: A difference of 899,820.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

132.5470
120.5339
JanuMarcMayJulySeptNove

SHP 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 127.6620, compared to 122.4782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1838 points.

H1 Avg (Jan–Jun) 127.6620
H2 Avg (Jul–Dec) 122.4782

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 179.9642 CVE (High: 298.9570 / Low: 118.9928). On the other end, October was the most stable month, with a tight range of 1.9129 CVE (High: 123.0182 / Low: 121.1053).

March Spread (Volatile) ±179.9642
October Spread (Stable) ±1.9129

Growth Streaks & Declines

Trends

Between September and November, 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 3.4902 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 129.9076) against the same month in 2019 (average: 128.8290), the exchange rate shifted by +1.0785 (+0.84%).

2020 Avg (March) 129.9076
2019 Avg (March) 128.8290

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 132.2771 129.1518 130.3133
February 133.2445 129.3689 131.5459
March 298.9570 118.9928 129.9076
April 128.0797 124.3261 126.4174
May 127.0548 122.8357 124.6550
June 124.8623 120.9213 123.1328
July 129.3278 121.5408 122.6749
August 123.8754 121.0996 122.6650
September 124.1499 119.2855 121.5350
October 123.0182 121.1053 122.1117
November 124.7436 122.3444 123.6171
December 123.7999 120.8546 122.2654