YEARLY HIGH
12.5842 KRW
YEARLY LOW
11.7895 KRW
YEARLY AVERAGE
12.2308 KRW

2021 CVE to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 12.5842. Conversely, the yearly low was recorded on June 28, dropping to 11.7895.

This high-to-low spread represents a total annual volatility of 0.7948 KRW. From a start-to-finish perspective, comparing the January average rate of 12.0894 to the December average rate of 12.0860, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.5842 was down 2.21% compared to the 2020 peak of 12.8680, 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 62,921 KRW
2020 Average 60,646 KRW
Yearly Trough Low 58,947 KRW
Transaction Impact: A difference of 3,973.83 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.5341
12.0360
JanuMarcMayJulySeptNove

CVE to KRW 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 12.1598, compared to 12.3017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1419 points.

H1 Avg (Jan–Jun) 12.1598
H2 Avg (Jul–Dec) 12.3017

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.6263 KRW (High: 12.4158 / Low: 11.7895). On the other end, September was the most stable month, with a tight range of 0.1918 KRW (High: 12.5842 / Low: 12.3924).

June Spread (Volatile) ±0.6263
September Spread (Stable) ±0.1918

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1572 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 12.4926) against the same month in 2020 (average: 12.5519), the exchange rate shifted by -0.0593 (-0.47%).

2021 Avg (September) 12.4926
2020 Avg (September) 12.5519

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.2738 11.9904 12.0894
February 12.3140 12.0098 12.1445
March 12.2809 11.9640 12.1414
April 12.2293 11.8926 12.0775
May 12.4936 12.0530 12.2993
June 12.4158 11.7895 12.2067
July 12.3627 12.0967 12.2200
August 12.5590 12.2354 12.3749
September 12.5842 12.3924 12.4926
October 12.5250 12.2499 12.3937
November 12.5745 12.0241 12.2432
December 12.1936 11.9639 12.0860