YEARLY HIGH
2.3219 GYD
YEARLY LOW
2.1145 GYD
YEARLY AVERAGE
2.2361 GYD

2021 CVE to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.3219. Conversely, the yearly low was recorded on November 25, dropping to 2.1145.

This high-to-low spread represents a total annual volatility of 0.2074 GYD. From a start-to-finish perspective, comparing the January average rate of 2.3000 to the December average rate of 2.1352, the exchange rate registered a net change of -7.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3219 was down 0.05% compared to the 2020 peak of 2.3231, 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 11,610 GYD
2020 Average 10,763 GYD
Yearly Trough Low 10,573 GYD
Transaction Impact: A difference of 1,037.09 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3165
2.1187
JanuMarcMayJulySeptNove

CVE to GYD 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 2.2761, compared to 2.1962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0799 points.

H1 Avg (Jan–Jun) 2.2761
H2 Avg (Jul–Dec) 2.1962

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1306 GYD (High: 2.3140 / Low: 2.1834). On the other end, December was the most stable month, with a tight range of 0.0189 GYD (High: 2.1456 / Low: 2.1267).

June Spread (Volatile) ±0.1306
December Spread (Stable) ±0.0189

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 June and July, when the average rate fell by 0.0417 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.3000) against the same month in 2020 (average: 2.0959), the exchange rate shifted by +0.2041 (+9.74%).

2021 Avg (January) 2.3000
2020 Avg (January) 2.0959

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3219 2.2825 2.3000
February 2.2965 2.2613 2.2846
March 2.2803 2.2182 2.2471
April 2.2885 2.2176 2.2585
May 2.3143 2.2654 2.2924
June 2.3140 2.1834 2.2736
July 2.2420 2.2163 2.2319
August 2.2465 2.2079 2.2298
September 2.2481 2.1905 2.2275
October 2.2109 2.1835 2.1929
November 2.1947 2.1145 2.1596
December 2.1456 2.1267 2.1352