2021 BWP to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BWP to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BWP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 8.8472. Conversely, the yearly low was recorded on January 7, dropping to 8.2035.
This high-to-low spread represents a total annual volatility of 0.6437 CVE. From a start-to-finish perspective, comparing the January average rate of 8.2906 to the December average rate of 8.3575, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 8.8472 was down 59.90% compared to the 2020 peak of 22.0633, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BWP to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.4493, compared to 8.4392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 0.4126 CVE (High: 8.8472 / Low: 8.4345). On the other end, December was the most stable month, with a tight range of 0.1380 CVE (High: 8.4287 / Low: 8.2907).
Growth Streaks & Declines
TrendsBetween January and April, 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 July and August, when the average rate fell by 0.0961 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 8.5832) against the same month in 2020 (average: 8.4062), the exchange rate shifted by +0.1770 (+2.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.3820 | 8.2035 | 8.2906 |
| February | 8.4777 | 8.3152 | 8.4048 |
| March | 8.5170 | 8.3168 | 8.4239 |
| April | 8.5910 | 8.4159 | 8.5049 |
| May | 8.5755 | 8.4159 | 8.4886 |
| June | 8.8472 | 8.4345 | 8.5832 |
| July | 8.6256 | 8.4372 | 8.5152 |
| August | 8.5220 | 8.3242 | 8.4191 |
| September | 8.5804 | 8.3756 | 8.4793 |
| October | 8.5410 | 8.3080 | 8.4785 |
| November | 8.5170 | 8.2808 | 8.3855 |
| December | 8.4287 | 8.2907 | 8.3575 |