YEARLY HIGH
4.0728 CVE
YEARLY LOW
1.0703 CVE
YEARLY AVERAGE
1.4023 CVE

2020 ARS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 4.0728. Conversely, the yearly low was recorded on December 30, dropping to 1.0703.

This high-to-low spread represents a total annual volatility of 3.0025 CVE. From a start-to-finish perspective, comparing the January average rate of 1.6632 to the December average rate of 1.1013, the exchange rate registered a net change of -33.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 4.0728 was up 55.60% compared to the 2019 peak of 2.6174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,364 CVE
2019 Average 10,540 CVE
Yearly Trough Low 5,352 CVE
Transaction Impact: A difference of 15,012.33 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.7259
1.0445
JanuMarcMayJulySeptNove

ARS 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 1.5765, compared to 1.2281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3484 points.

H1 Avg (Jan–Jun) 1.5765
H2 Avg (Jul–Dec) 1.2281

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.5182 CVE (High: 4.0728 / Low: 1.5546). On the other end, September was the most stable month, with a tight range of 0.0167 CVE (High: 1.2583 / Low: 1.2416).

March Spread (Volatile) ±2.5182
September Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1150 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.6691) against the same month in 2019 (average: 2.3716), the exchange rate shifted by -0.7025 (-29.62%).

2020 Avg (March) 1.6691
2019 Avg (March) 2.3716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6740 1.6462 1.6632
February 1.6660 1.6242 1.6556
March 4.0728 1.5546 1.6691
April 1.5792 1.5146 1.5541
May 1.5330 1.4555 1.5012
June 1.4503 1.3962 1.4157
July 1.3955 1.2967 1.3578
August 1.3008 1.2501 1.2752
September 1.2583 1.2416 1.2490
October 1.2404 1.1941 1.2137
November 1.2080 1.1346 1.1713
December 1.1291 1.0703 1.1013