YEARLY HIGH
0.0629 BRL
YEARLY LOW
0.0514 BRL
YEARLY AVERAGE
0.0577 BRL

2021 CVE to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0629. Conversely, the yearly low was recorded on June 28, dropping to 0.0514.

This high-to-low spread represents a total annual volatility of 0.0116 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0589 to the December average rate of 0.0577, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0629 was up 2.90% compared to the 2020 peak of 0.0612, 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 315 BRL
2020 Average 266 BRL
Yearly Trough Low 257 BRL
Transaction Impact: A difference of 57.77 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0612
0.0541
JanuMarcMayJulySeptNove

CVE to BRL 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 0.0586, compared to 0.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0586
H2 Avg (Jul–Dec) 0.0567

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0056 BRL (High: 0.0570 / Low: 0.0514). On the other end, September was the most stable month, with a tight range of 0.0017 BRL (High: 0.0572 / Low: 0.0555).

June Spread (Volatile) ±0.0056
September Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0034 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0606) against the same month in 2020 (average: 0.0477), the exchange rate shifted by +0.0128 (+26.91%).

2021 Avg (March) 0.0606
2020 Avg (March) 0.0477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0602 0.0569 0.0589
February 0.0613 0.0581 0.0592
March 0.0629 0.0590 0.0606
April 0.0617 0.0584 0.0602
May 0.0595 0.0567 0.0581
June 0.0570 0.0514 0.0547
July 0.0564 0.0540 0.0551
August 0.0576 0.0552 0.0560
September 0.0572 0.0555 0.0562
October 0.0595 0.0562 0.0580
November 0.0595 0.0563 0.0573
December 0.0585 0.0567 0.0577