YEARLY HIGH
58.1342 CVE
YEARLY LOW
52.9896 CVE
YEARLY AVERAGE
55.0293 CVE

2021 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 58.1342. Conversely, the yearly low was recorded on January 4, dropping to 52.9896.

This high-to-low spread represents a total annual volatility of 5.1446 CVE. From a start-to-finish perspective, comparing the January average rate of 53.4827 to the December average rate of 57.6271, the exchange rate registered a net change of 7.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 58.1342 was down 61.57% compared to the 2020 peak of 151.2805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 290,671 CVE
2020 Average 286,466 CVE
Yearly Trough Low 264,948 CVE
Transaction Impact: A difference of 25,723.11 CVE purely based on transaction execution date.

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58.0415
53.0683
JanuMarcMayJulySeptNove

AZN 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 54.0414, compared to 56.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9759 points.

H1 Avg (Jan–Jun) 54.0414
H2 Avg (Jul–Dec) 56.0173

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 3.2191 CVE (High: 56.3557 / Low: 53.1366). On the other end, December was the most stable month, with a tight range of 0.4873 CVE (High: 57.8403 / Low: 57.3529).

June Spread (Volatile) Âą3.2191
December Spread (Stable) Âą0.4873

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 0.8380 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.8380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 56.9777) against the same month in 2020 (average: 54.9397), the exchange rate shifted by +2.0380 (+3.71%).

2021 Avg (November) 56.9777
2020 Avg (November) 54.9397

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Month High Low Average
January 53.7981 52.9896 53.4827
February 54.3713 53.6070 53.8359
March 55.4884 53.9450 54.7351
April 55.2973 53.7393 54.4704
May 54.2919 53.1366 53.6324
June 56.3557 53.1366 54.0918
July 55.4149 54.7845 55.0737
August 55.6354 54.7682 55.1424
September 56.1205 54.7013 55.2032
October 56.3263 55.6795 56.0796
November 58.1342 56.0764 56.9777
December 57.8403 57.3529 57.6271