2021 ARS to CVE Historical Review

YEARLY HIGH

1.0740 CVE

YEARLY LOW

0.9495 CVE

YEARLY AVERAGE

0.9863 CVE

2021 ARS to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.0740. Conversely, the yearly low was recorded on December 31, dropping to 0.9495.

This high-to-low spread represents a total annual volatility of 0.1245 CVE. From a start-to-finish perspective, comparing the January average rate of 1.0591 to the December average rate of 0.9623, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0740 was down 73.63% compared to the 2020 peak of 4.0728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,370 CVE

2020 Average 7,007 CVE

Yearly Trough Low 4,747 CVE

Transaction Impact: A difference of 622.51 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0694

0.9456

JanuMarcMayJulySeptNove

ARS 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 1.0084, compared to 0.9642 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0443 points.

H1 Avg (Jan–Jun) 1.0084

H2 Avg (Jul–Dec) 0.9642

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0517 CVE (High: 1.0294 / Low: 0.9777). On the other end, July was the most stable month, with a tight range of 0.0147 CVE (High: 0.9782 / Low: 0.9635).

April Spread (Volatile) ±0.0517

July Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0299 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.0591) against the same month in 2020 (average: 1.6632), the exchange rate shifted by -0.6040 (-36.32%).

2021 Avg (January) 1.0591

2020 Avg (January) 1.6632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0740	1.0438	1.0591
February	1.0520	1.0166	1.0325
March	1.0315	1.0122	1.0227
April	1.0294	0.9777	1.0000
May	0.9852	0.9573	0.9701
June	1.0034	0.9549	0.9663
July	0.9782	0.9635	0.9739
August	0.9741	0.9545	0.9653
September	0.9666	0.9504	0.9559
October	0.9690	0.9497	0.9618
November	0.9830	0.9524	0.9659
December	0.9725	0.9495	0.9623