YEARLY HIGH
49.4375 CVE
YEARLY LOW
45.0625 CVE
YEARLY AVERAGE
46.7969 CVE

2021 BBD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BBD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 49.4375. Conversely, the yearly low was recorded on January 4, dropping to 45.0625.

This high-to-low spread represents a total annual volatility of 4.3750 CVE. From a start-to-finish perspective, comparing the January average rate of 45.4862 to the December average rate of 48.9995, the exchange rate registered a net change of 7.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 49.4375 was down 61.61% compared to the 2020 peak of 128.7775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 247,188 CVE
2020 Average 243,854 CVE
Yearly Trough Low 225,313 CVE
Transaction Impact: A difference of 21,875.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

49.3508
45.1349
JanuMarcMayJulySeptNove

BBD 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 45.9576, compared to 47.6361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6785 points.

H1 Avg (Jan–Jun) 45.9576
H2 Avg (Jul–Dec) 47.6361

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.7375 CVE (High: 47.9250 / Low: 45.1875). On the other end, December was the most stable month, with a tight range of 0.4375 CVE (High: 49.1875 / Low: 48.7500).

June Spread (Volatile) ±2.7375
December Spread (Stable) ±0.4375

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7126 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.7126

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 48.4540) against the same month in 2020 (average: 46.7674), the exchange rate shifted by +1.6866 (+3.61%).

2021 Avg (November) 48.4540
2020 Avg (November) 46.7674

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.7500 45.0625 45.4862
February 46.2375 45.5875 45.7821
March 47.1875 45.8750 46.5469
April 47.0250 45.7000 46.3217
May 46.1700 45.1875 45.6091
June 47.9250 45.1875 45.9998
July 47.1250 46.5888 46.8348
August 47.3125 46.5750 46.8932
September 47.7250 46.5181 46.9449
October 47.9000 47.3500 47.6902
November 49.4375 47.6875 48.4540
December 49.1875 48.7500 48.9995