2021 AFN to CVE Historical Review

YEARLY HIGH

1.2217 CVE

YEARLY LOW

0.8342 CVE

YEARLY AVERAGE

1.1290 CVE

2021 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1.2217. Conversely, the yearly low was recorded on December 15, dropping to 0.8342.

This high-to-low spread represents a total annual volatility of 0.3875 CVE. From a start-to-finish perspective, comparing the January average rate of 1.1766 to the December average rate of 0.9639, the exchange rate registered a net change of -18.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2217 was down 63.97% compared to the 2020 peak of 3.3907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,108 CVE

2020 Average 6,348 CVE

Yearly Trough Low 4,171 CVE

Transaction Impact: A difference of 1,937.59 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2256

0.9401

JanuMarcMayJulySeptNove

AFN 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 1.1827, compared to 1.0752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1075 points.

H1 Avg (Jan–Jun) 1.1827

H2 Avg (Jul–Dec) 1.0752

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1892 CVE (High: 1.0234 / Low: 0.8342). On the other end, January was the most stable month, with a tight range of 0.0197 CVE (High: 1.1840 / Low: 1.1644).

December Spread (Volatile) ±0.1892

January Spread (Stable) ±0.0197

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 November and December, when the average rate fell by 0.0812 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 1.2018) against the same month in 2020 (average: 1.3824), the exchange rate shifted by -0.1806 (-13.06%).

2021 Avg (March) 1.2018

2020 Avg (March) 1.3824

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1840	1.1644	1.1766
February	1.1944	1.1660	1.1842
March	1.2217	1.1854	1.2018
April	1.2175	1.1752	1.1922
May	1.1915	1.1482	1.1726
June	1.2128	1.1520	1.1691
July	1.1834	1.1399	1.1711
August	1.1745	1.0852	1.1293
September	1.1033	1.0502	1.0832
October	1.0684	1.0444	1.0588
November	1.0593	1.0202	1.0451
December	1.0234	0.8342	0.9639