2021 CVE to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CVE to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CVE to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 45.0859. Conversely, the yearly low was recorded on November 25, dropping to 41.1484.
This high-to-low spread represents a total annual volatility of 3.9375 KHR. From a start-to-finish perspective, comparing the January average rate of 44.6662 to the December average rate of 41.5686, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 45.0859 was up 0.63% compared to the 2020 peak of 44.8053, 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 KHR 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 44.2175, compared to 42.7981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4194 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 2.4755 KHR (High: 45.0737 / Low: 42.5981). On the other end, October was the most stable month, with a tight range of 0.3377 KHR (High: 42.9384 / Low: 42.6006).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 0.8915 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 44.5516) against the same month in 2020 (average: 40.5340), the exchange rate shifted by +4.0176 (+9.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.0006 | 44.3671 | 44.6662 |
| February | 44.7297 | 44.0096 | 44.4792 |
| March | 44.3611 | 42.8815 | 43.5876 |
| April | 44.4867 | 42.9098 | 43.6787 |
| May | 45.0859 | 43.5294 | 44.5516 |
| June | 45.0737 | 42.5981 | 44.3417 |
| July | 43.7406 | 43.1974 | 43.4773 |
| August | 43.8073 | 43.0835 | 43.4842 |
| September | 43.8634 | 42.8274 | 43.4946 |
| October | 42.9384 | 42.6006 | 42.7491 |
| November | 42.6985 | 41.1484 | 42.0146 |
| December | 41.7453 | 41.3846 | 41.5686 |