2021 BIF to CVE Historical Review

YEARLY HIGH

0.0497 CVE

YEARLY LOW

0.0457 CVE

YEARLY AVERAGE

0.0474 CVE

2021 BIF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0497. Conversely, the yearly low was recorded on June 1, dropping to 0.0457.

This high-to-low spread represents a total annual volatility of 0.0039 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0467 to the December average rate of 0.0491, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0497 was down 63.54% compared to the 2020 peak of 0.1362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 248 CVE

2020 Average 255 CVE

Yearly Trough Low 229 CVE

Transaction Impact: A difference of 19.56 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0493

0.0461

JanuMarcMayJulySeptNove

BIF 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 0.0469, compared to 0.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0469

H2 Avg (Jul–Dec) 0.0479

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0027 CVE (High: 0.0484 / Low: 0.0457). On the other end, July was the most stable month, with a tight range of 0.0006 CVE (High: 0.0476 / Low: 0.0470).

June Spread (Volatile) ±0.0027

July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0486) against the same month in 2020 (average: 0.0482), the exchange rate shifted by +0.0004 (+0.78%).

2021 Avg (November) 0.0486

2020 Avg (November) 0.0482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0471	0.0464	0.0467
February	0.0474	0.0465	0.0469
March	0.0483	0.0470	0.0476
April	0.0483	0.0466	0.0474
May	0.0472	0.0458	0.0463
June	0.0484	0.0457	0.0465
July	0.0476	0.0470	0.0473
August	0.0478	0.0469	0.0473
September	0.0480	0.0469	0.0472
October	0.0481	0.0475	0.0479
November	0.0497	0.0479	0.0486
December	0.0493	0.0487	0.0491