2021 CVE to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CVE to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CVE to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 158.9547. Conversely, the yearly low was recorded on November 25, dropping to 144.4860.
This high-to-low spread represents a total annual volatility of 14.4688 IDR. From a start-to-finish perspective, comparing the January average rate of 154.5610 to the December average rate of 146.1721, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 158.9547 was down 3.56% compared to the 2020 peak of 164.8301, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
CVE to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 155.4497, compared to 150.4237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 7.5808 IDR (High: 158.6971 / Low: 151.1163). On the other end, March was the most stable month, with a tight range of 2.3188 IDR (High: 155.6317 / Low: 153.3129).
Growth Streaks & Declines
TrendsBetween February and April, 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 3.0871 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 156.9329) against the same month in 2020 (average: 146.4509), the exchange rate shifted by +10.4820 (+7.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 156.9707 | 153.2146 | 154.5610 |
| February | 156.9316 | 151.5905 | 153.5202 |
| March | 155.6317 | 153.3129 | 154.6152 |
| April | 158.5631 | 153.8256 | 156.9706 |
| May | 158.9547 | 153.0377 | 156.9329 |
| June | 158.6971 | 151.1163 | 156.0983 |
| July | 156.3774 | 153.6640 | 154.8457 |
| August | 155.1929 | 152.1312 | 153.3885 |
| September | 153.3019 | 150.1168 | 151.8853 |
| October | 150.0597 | 147.2107 | 148.7982 |
| November | 150.3259 | 144.4860 | 147.4522 |
| December | 147.9226 | 144.7324 | 146.1721 |