2021 CVE to NGN Historical Review

YEARLY HIGH

4.5643 NGN

YEARLY LOW

4.0415 NGN

YEARLY AVERAGE

4.3100 NGN

2021 CVE to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 4.5643. Conversely, the yearly low was recorded on March 27, dropping to 4.0415.

This high-to-low spread represents a total annual volatility of 0.5228 NGN. From a start-to-finish perspective, comparing the January average rate of 4.2633 to the December average rate of 4.1963, the exchange rate registered a net change of -1.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.5643 was up 4.83% compared to the 2020 peak of 4.3542, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,822 NGN

2020 Average 19,585 NGN

Yearly Trough Low 20,207 NGN

Transaction Impact: A difference of 2,614.19 NGN purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

4.5022

4.1378

JanuMarcMayJulySeptNove

CVE to NGN 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 4.3019, compared to 4.3181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 4.3019

H2 Avg (Jul–Dec) 4.3181

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.4437 NGN (High: 4.5643 / Low: 4.1206). On the other end, October was the most stable month, with a tight range of 0.0485 NGN (High: 4.3378 / Low: 4.2892).

May Spread (Volatile) ±0.4437

October Spread (Stable) ±0.0485

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0903 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 4.4321) against the same month in 2020 (average: 3.8389), the exchange rate shifted by +0.5932 (+15.45%).

2021 Avg (May) 4.4321

2020 Avg (May) 3.8389

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	4.3810	4.1714	4.2633
February	4.5198	4.1346	4.2584
March	4.4142	4.0415	4.1681
April	4.4484	4.0510	4.2176
May	4.5643	4.1206	4.4321
June	4.5563	4.2827	4.4718
July	4.4160	4.3655	4.3897
August	4.4153	4.3427	4.3883
September	4.4232	4.3083	4.3837
October	4.3378	4.2892	4.3093
November	4.3174	4.1527	4.2413
December	4.2320	4.1725	4.1963

2021 CVE থেকে NGN-এর ঐতিহাসিক পর্যালোচনা