YEARLY HIGH
0.0721 CNY
YEARLY LOW
0.0646 CNY
YEARLY AVERAGE
0.0690 CNY

2021 CVE to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0721. Conversely, the yearly low was recorded on November 25, dropping to 0.0646.

This high-to-low spread represents a total annual volatility of 0.0076 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0712 to the December average rate of 0.0650, the exchange rate registered a net change of -8.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0721 was down 3.43% compared to the 2020 peak of 0.0747, 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 361 CNY
2020 Average 355 CNY
Yearly Trough Low 323 CNY
Transaction Impact: A difference of 37.76 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0718
0.0644
JanuMarcMayJulySeptNove

CVE to CNY 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 0.0704, compared to 0.0675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0704
H2 Avg (Jul–Dec) 0.0675

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0033 CNY (High: 0.0706 / Low: 0.0674). On the other end, December was the most stable month, with a tight range of 0.0006 CNY (High: 0.0653 / Low: 0.0647).

June Spread (Volatile) ±0.0033
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0712) against the same month in 2020 (average: 0.0695), the exchange rate shifted by +0.0017 (+2.44%).

2021 Avg (January) 0.0712
2020 Avg (January) 0.0695

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0721 0.0705 0.0712
February 0.0711 0.0700 0.0706
March 0.0705 0.0695 0.0700
April 0.0709 0.0695 0.0704
May 0.0711 0.0697 0.0705
June 0.0706 0.0674 0.0699
July 0.0695 0.0688 0.0691
August 0.0694 0.0687 0.0691
September 0.0694 0.0675 0.0688
October 0.0676 0.0669 0.0673
November 0.0672 0.0646 0.0659
December 0.0653 0.0647 0.0650