Cryptocurrency and fiat volatility for November 2019

Today we will compare the November volatility of crypto assets paired with the US dollar and the volatility of somefiat currency pairs.

Comparative results of the maximum percentage change in the value of assets for the month since the beginning of 2019 are presented in the table below:

After October highs, prices in the crypto market mostly fell in November. The leader in decline last month was Stellar. Its price fell by more than 40%. 

In November, the price of Bitcoin was less volatile.than in October, and fell by only 32% in a month. Only the IOTA/USD pair showed a more stable volatility indicator last month. Well, the most stable, as always, are stablecoins – their volatility did not exceed 1%. 

Leader in stability among fiat currenciesturned out to be the Chinese yuan with an indicator of 1%. All other currency pairs showed volatility not exceeding 2%. The Ukrainian hryvnia showed an “abnormal” strengthening of the national currency against the US dollar. Its rate in November increased by 3.5% and continues to grow. The gold rate fell by 4.6% in November.