2021 CVE to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 CVE to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the CVE to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 121.4805. Conversely, the yearly low was recorded on June 28, dropping to 98.9018.
This high-to-low spread represents a total annual volatility of 22.5786 LAK. From a start-to-finish perspective, comparing the January average rate of 102.4532 to the December average rate of 113.1025, the exchange rate registered a net change of 10.39% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 121.4805 was up 17.76% compared to the 2020 peak of 103.1552, 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 LAK 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 102.1807, compared to 105.9225 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7418 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 10.9728 LAK (High: 121.4805 / Low: 110.5077). On the other end, July was the most stable month, with a tight range of 1.2677 LAK (High: 102.4523 / Low: 101.1846).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2917 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 113.1025) against the same month in 2020 (average: 102.1488), the exchange rate shifted by +10.9537 (+10.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 103.1592 | 101.8182 | 102.4532 |
| February | 102.5594 | 100.8906 | 102.0423 |
| March | 101.9481 | 99.5701 | 100.7564 |
| April | 103.0480 | 99.7662 | 101.5873 |
| May | 104.4047 | 101.2985 | 103.3682 |
| June | 104.4913 | 98.9018 | 102.8768 |
| July | 102.4523 | 101.1846 | 101.5851 |
| August | 102.7614 | 101.1945 | 102.1624 |
| September | 104.6482 | 101.8113 | 103.1037 |
| October | 108.7136 | 104.0064 | 106.0257 |
| November | 110.7198 | 107.2865 | 109.5554 |
| December | 121.4805 | 110.5077 | 113.1025 |