YEARLY HIGH
0.0441 PEN
YEARLY LOW
0.0386 PEN
YEARLY AVERAGE
0.0414 PEN

2021 CVE to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.0441. Conversely, the yearly low was recorded on April 11, dropping to 0.0386.

This high-to-low spread represents a total annual volatility of 0.0055 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0399 to the December average rate of 0.0413, the exchange rate registered a net change of 3.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0441 was up 9.71% compared to the 2020 peak of 0.0402, 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 220 PEN
2020 Average 180 PEN
Yearly Trough Low 193 PEN
Transaction Impact: A difference of 27.74 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0441
0.0394
JanuMarcMayJulySeptNove

CVE to PEN 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 0.0405, compared to 0.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0405
H2 Avg (Jul–Dec) 0.0424

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0032 PEN (High: 0.0418 / Low: 0.0386). On the other end, March was the most stable month, with a tight range of 0.0005 PEN (High: 0.0401 / Low: 0.0396).

April Spread (Volatile) ±0.0032
March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0016 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.0438) against the same month in 2020 (average: 0.0379), the exchange rate shifted by +0.0059 (+15.50%).

2021 Avg (September) 0.0438
2020 Avg (September) 0.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0402 0.0395 0.0399
February 0.0401 0.0394 0.0398
March 0.0401 0.0396 0.0398
April 0.0418 0.0386 0.0398
May 0.0424 0.0399 0.0413
June 0.0432 0.0415 0.0425
July 0.0426 0.0414 0.0420
August 0.0438 0.0421 0.0435
September 0.0441 0.0433 0.0438
October 0.0434 0.0411 0.0421
November 0.0422 0.0406 0.0415
December 0.0418 0.0406 0.0413