YEARLY HIGH
0.0416 SAR
YEARLY LOW
0.0379 SAR
YEARLY AVERAGE
0.0401 SAR

2021 CVE to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0416. Conversely, the yearly low was recorded on November 25, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0037 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0412 to the December average rate of 0.0383, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0416 was down 0.08% compared to the 2020 peak of 0.0417, 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 208 SAR
2020 Average 193 SAR
Yearly Trough Low 190 SAR
Transaction Impact: A difference of 18.42 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0415
0.0380
JanuMarcMayJulySeptNove

CVE to SAR 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 0.0408, compared to 0.0394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0408
H2 Avg (Jul–Dec) 0.0394

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0024 SAR (High: 0.0415 / Low: 0.0391). On the other end, December was the most stable month, with a tight range of 0.0004 SAR (High: 0.0385 / Low: 0.0381).

June Spread (Volatile) ±0.0024
December Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0412) against the same month in 2020 (average: 0.0376), the exchange rate shifted by +0.0036 (+9.54%).

2021 Avg (January) 0.0412
2020 Avg (January) 0.0376

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0416 0.0410 0.0412
February 0.0411 0.0406 0.0410
March 0.0409 0.0397 0.0403
April 0.0410 0.0399 0.0405
May 0.0415 0.0406 0.0411
June 0.0415 0.0391 0.0408
July 0.0402 0.0398 0.0400
August 0.0403 0.0396 0.0400
September 0.0403 0.0393 0.0399
October 0.0396 0.0391 0.0393
November 0.0393 0.0379 0.0387
December 0.0385 0.0381 0.0383