2021 CVE to AFN Historical Review

YEARLY HIGH

1.1988 AFN

YEARLY LOW

0.8185 AFN

YEARLY AVERAGE

0.8899 AFN

2021 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.1988. Conversely, the yearly low was recorded on March 30, dropping to 0.8185.

This high-to-low spread represents a total annual volatility of 0.3803 AFN. From a start-to-finish perspective, comparing the January average rate of 0.8500 to the December average rate of 1.0400, the exchange rate registered a net change of 22.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1988 was up 39.67% compared to the 2020 peak of 0.8583, 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 5,994 AFN

2020 Average 3,957 AFN

Yearly Trough Low 4,093 AFN

Transaction Impact: A difference of 1,901.31 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0608

0.8114

JanuMarcMayJulySeptNove

CVE to AFN 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 0.8456, compared to 0.9342 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0886 points.

H1 Avg (Jan–Jun) 0.8456

H2 Avg (Jul–Dec) 0.9342

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.2217 AFN (High: 1.1988 / Low: 0.9771). On the other end, January was the most stable month, with a tight range of 0.0143 AFN (High: 0.8588 / Low: 0.8446).

December Spread (Volatile) ±0.2217

January Spread (Stable) ±0.0143

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0123 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.0400) against the same month in 2020 (average: 0.8477), the exchange rate shifted by +0.1923 (+22.68%).

2021 Avg (December) 1.0400

2020 Avg (December) 0.8477

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8588	0.8446	0.8500
February	0.8577	0.8372	0.8445
March	0.8436	0.8185	0.8321
April	0.8510	0.8214	0.8389
May	0.8709	0.8393	0.8529
June	0.8680	0.8245	0.8554
July	0.8773	0.8450	0.8540
August	0.9215	0.8514	0.8864
September	0.9522	0.9064	0.9234
October	0.9575	0.9360	0.9445
November	0.9802	0.9440	0.9569
December	1.1988	0.9771	1.0400