YEARLY HIGH
3.3529 HUF
YEARLY LOW
3.0651 HUF
YEARLY AVERAGE
3.2394 HUF

2021 CVE to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 3.3529. Conversely, the yearly low was recorded on June 28, dropping to 3.0651.

This high-to-low spread represents a total annual volatility of 0.2877 HUF. From a start-to-finish perspective, comparing the January average rate of 3.2461 to the December average rate of 3.3156, the exchange rate registered a net change of 2.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.3529 was up 0.28% compared to the 2020 peak of 3.3434, 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 16,764 HUF
2020 Average 15,834 HUF
Yearly Trough Low 15,326 HUF
Transaction Impact: A difference of 1,438.58 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.3310
3.1460
JanuMarcMayJulySeptNove

CVE to HUF 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 3.2324, compared to 3.2464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 3.2324
H2 Avg (Jul–Dec) 3.2464

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.2032 HUF (High: 3.2684 / Low: 3.0651). On the other end, March was the most stable month, with a tight range of 0.0595 HUF (High: 3.3287 / Low: 3.2692).

June Spread (Volatile) ±0.2032
March Spread (Stable) ±0.0595

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0636 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0636

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 3.3014) against the same month in 2020 (average: 3.2495), the exchange rate shifted by +0.0518 (+1.60%).

2021 Avg (November) 3.3014
2020 Avg (November) 3.2495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2791 3.2174 3.2461
February 3.2860 3.2019 3.2372
March 3.3287 3.2692 3.3027
April 3.2953 3.2132 3.2553
May 3.2783 3.1170 3.1917
June 3.2684 3.0651 3.1614
July 3.2559 3.1719 3.2243
August 3.2406 3.1426 3.1876
September 3.2750 3.1445 3.1881
October 3.3052 3.2228 3.2617
November 3.3529 3.2388 3.3014
December 3.3419 3.2650 3.3156