YEARLY HIGH
95.3007 CVE
YEARLY LOW
33.3250 CVE
YEARLY AVERAGE
36.0977 CVE

2020 XCD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XCD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 95.3007. Conversely, the yearly low was recorded on December 30, dropping to 33.3250.

This high-to-low spread represents a total annual volatility of 61.9757 CVE. From a start-to-finish perspective, comparing the January average rate of 36.8764 to the December average rate of 33.6416, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 95.3007 was up 154.41% compared to the 2019 peak of 37.4600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 476,504 CVE
2019 Average 182,784 CVE
Yearly Trough Low 166,625 CVE
Transaction Impact: A difference of 309,878.63 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

39.5109
33.1080
JanuMarcMayJulySeptNove

XCD 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 37.4987, compared to 34.6967 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8020 points.

H1 Avg (Jan–Jun) 37.4987
H2 Avg (Jul–Dec) 34.6967

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 59.3162 CVE (High: 95.3007 / Low: 35.9845). On the other end, April was the most stable month, with a tight range of 0.5365 CVE (High: 37.9641 / Low: 37.4276).

March Spread (Volatile) ±59.3162
April Spread (Stable) ±0.5365

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 July and August, when the average rate fell by 1.2923 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 38.9773) against the same month in 2019 (average: 36.1949), the exchange rate shifted by +2.7824 (+7.69%).

2020 Avg (March) 38.9773
2019 Avg (March) 36.1949

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.2241 36.5026 36.8764
February 37.9345 37.0668 37.5342
March 95.3007 35.9845 38.9773
April 37.9641 37.4276 37.6868
May 37.9826 36.8171 37.5100
June 36.8023 36.0641 36.4074
July 37.1316 34.7265 35.8388
August 34.9189 34.2824 34.5465
September 35.2445 34.2824 34.7270
October 35.0317 34.4859 34.8162
November 35.1705 34.1344 34.6098
December 34.0234 33.3250 33.6416