YEARLY HIGH
467.1845 IRR
YEARLY LOW
427.3072 IRR
YEARLY AVERAGE
450.6644 IRR

2021 CVE to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 467.1845. Conversely, the yearly low was recorded on November 25, dropping to 427.3072.

This high-to-low spread represents a total annual volatility of 39.8773 IRR. From a start-to-finish perspective, comparing the January average rate of 462.8824 to the December average rate of 431.2571, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 467.1845 was down 30.91% compared to the 2020 peak of 676.2209, 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 2,335,922 IRR
2020 Average 2,171,211 IRR
Yearly Trough Low 2,136,536 IRR
Transaction Impact: A difference of 199,386.30 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

466.0449
428.0946
JanuMarcMayJulySeptNove

CVE to IRR 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 458.1672, compared to 443.1616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 15.0056 points.

H1 Avg (Jan–Jun) 458.1672
H2 Avg (Jul–Dec) 443.1616

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 26.6120 IRR (High: 465.8921 / Low: 439.2801). On the other end, December was the most stable month, with a tight range of 4.1107 IRR (High: 433.5897 / Low: 429.4790).

June Spread (Volatile) ±26.6120
December Spread (Stable) ±4.1107

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 7.9563 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.9563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 462.8824) against the same month in 2020 (average: 422.5082), the exchange rate shifted by +40.3741 (+9.56%).

2021 Avg (January) 462.8824
2020 Avg (January) 422.5082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 467.1845 460.1638 462.8824
February 461.8042 455.3122 459.8474
March 458.9101 446.1457 452.3354
April 460.6674 447.6874 454.5280
May 465.8921 455.9779 461.6137
June 465.8921 439.2801 457.7960
July 452.4153 447.2613 449.8398
August 452.5362 445.4831 449.6708
September 453.5818 442.3258 449.5105
October 446.1458 440.4619 442.6107
November 442.9882 427.3072 436.0807
December 433.5897 429.4790 431.2571