YEARLY HIGH
0.0110 CVE
YEARLY LOW
0.0039 CVE
YEARLY AVERAGE
0.0042 CVE

2020 VND to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the VND to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0110. Conversely, the yearly low was recorded on December 20, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0071 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0043 to the December average rate of 0.0039, the exchange rate registered a net change of -8.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0110 was up 152.26% compared to the 2019 peak of 0.0044, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 110,281 CVE
2019 Average 42,548 CVE
Yearly Trough Low 38,944 CVE
Transaction Impact: A difference of 71,336.87 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0046
0.0039
JanuMarcMayJulySeptNove

VND 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 0.0044, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0044
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0068 CVE (High: 0.0110 / Low: 0.0042). On the other end, October was the most stable month, with a tight range of 0.0001 CVE (High: 0.0041 / Low: 0.0040).

March Spread (Volatile) ±0.0068
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0045) against the same month in 2019 (average: 0.0042), the exchange rate shifted by +0.0003 (+7.10%).

2020 Avg (March) 0.0045
2019 Avg (March) 0.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0043 0.0043 0.0043
February 0.0044 0.0043 0.0044
March 0.0110 0.0042 0.0045
April 0.0044 0.0043 0.0043
May 0.0044 0.0043 0.0044
June 0.0043 0.0042 0.0042
July 0.0043 0.0040 0.0042
August 0.0041 0.0040 0.0040
September 0.0041 0.0040 0.0040
October 0.0041 0.0040 0.0041
November 0.0041 0.0040 0.0040
December 0.0040 0.0039 0.0039