YEARLY HIGH
94.2993 CVE
YEARLY LOW
35.0446 CVE
YEARLY AVERAGE
36.6397 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 471,497 CVE
2019 Average 187,883 CVE
Yearly Trough Low 175,223 CVE
Transaction Impact: A difference of 296,273.74 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

39.0580
35.3172
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 37.3805
H2 Avg (Jul–Dec) 35.8988

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±58.3461
December Spread (Stable) ±0.5286

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 2.0715 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0715

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (March) 38.7462
2019 Avg (March) 37.4971

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