2020 WST to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 WST to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the WST to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 94.2993. Conversely, the yearly low was recorded on August 22, dropping to 35.0446.
This high-to-low spread represents a total annual volatility of 59.2547 CVE. From a start-to-finish perspective, comparing the January average rate of 37.8729 to the December average rate of 35.6472, the exchange rate registered a net change of -5.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 94.2993 was up 146.08% compared to the 2019 peak of 38.3212, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
WST 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 37.3805, compared to 35.8988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4817 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 58.3461 CVE (High: 94.2993 / Low: 35.9532). On the other end, December was the most stable month, with a tight range of 0.5286 CVE (High: 35.9466 / Low: 35.4180).
Growth Streaks & Declines
TrendsBetween 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 2.0715 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 38.7462) against the same month in 2019 (average: 37.4971), the exchange rate shifted by +1.2491 (+3.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.2137 | 37.5580 | 37.8729 |
| February | 38.3768 | 37.3540 | 37.8949 |
| March | 94.2993 | 35.9532 | 38.7462 |
| April | 37.1754 | 35.9527 | 36.6748 |
| May | 37.1968 | 35.9796 | 36.6672 |
| June | 37.0116 | 35.6981 | 36.4273 |
| July | 38.0849 | 35.7492 | 36.5072 |
| August | 36.1820 | 35.0446 | 35.6289 |
| September | 36.4182 | 35.4886 | 35.8509 |
| October | 36.2125 | 35.1954 | 35.7423 |
| November | 36.2775 | 35.6412 | 36.0165 |
| December | 35.9466 | 35.4180 | 35.6472 |