2021 CVE to ETB Historical Review

YEARLY HIGH

2.3173 ETB

YEARLY LOW

0.4267 ETB

YEARLY AVERAGE

0.4726 ETB

2021 CVE to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.3173. Conversely, the yearly low was recorded on March 27, dropping to 0.4267.

This high-to-low spread represents a total annual volatility of 1.8906 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4333 to the December average rate of 0.5548, the exchange rate registered a net change of 28.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3173 was up 430.54% compared to the 2020 peak of 0.4368, 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 11,587 ETB

2020 Average 1,804 ETB

Yearly Trough Low 2,134 ETB

Transaction Impact: A difference of 9,452.90 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5670

0.4211

JanuMarcMayJulySeptNove

CVE to ETB 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 0.4489, compared to 0.4963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0474 points.

H1 Avg (Jan–Jun) 0.4489

H2 Avg (Jul–Dec) 0.4963

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.8301 ETB (High: 2.3173 / Low: 0.4872). On the other end, January was the most stable month, with a tight range of 0.0065 ETB (High: 0.4368 / Low: 0.4303).

December Spread (Volatile) ±1.8301

January Spread (Stable) ±0.0065

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 June and July, when the average rate fell by 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5548) against the same month in 2020 (average: 0.4257), the exchange rate shifted by +0.1291 (+30.32%).

2021 Avg (December) 0.5548

2020 Avg (December) 0.4257

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4368	0.4303	0.4333
February	0.4420	0.4271	0.4351
March	0.4439	0.4267	0.4349
April	0.4599	0.4361	0.4495
May	0.4780	0.4535	0.4675
June	0.4800	0.4575	0.4729
July	0.4759	0.4669	0.4704
August	0.4892	0.4740	0.4812
September	0.4952	0.4850	0.4906
October	0.4998	0.4840	0.4904
November	0.4984	0.4824	0.4903
December	2.3173	0.4872	0.5548