2021 CVE to SGD Historical Review

YEARLY HIGH

0.0147 SGD

YEARLY LOW

0.0138 SGD

YEARLY AVERAGE

0.0144 SGD

2021 CVE to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.0147. Conversely, the yearly low was recorded on December 30, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0009 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0146 to the December average rate of 0.0139, the exchange rate registered a net change of -4.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0147 was down 0.44% compared to the 2020 peak of 0.0148, 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 74 SGD

2020 Average 71 SGD

Yearly Trough Low 69 SGD

Transaction Impact: A difference of 4.55 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0146

0.0138

JanuMarcMayJulySeptNove

CVE to SGD 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 0.0145, compared to 0.0142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0145

H2 Avg (Jul–Dec) 0.0142

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0007 SGD (High: 0.0147 / Low: 0.0140). On the other end, October was the most stable month, with a tight range of 0.0001 SGD (High: 0.0143 / Low: 0.0141).

June Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0146) against the same month in 2020 (average: 0.0140), the exchange rate shifted by +0.0006 (+4.13%).

2021 Avg (May) 0.0146

2020 Avg (May) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0147	0.0145	0.0146
February	0.0146	0.0144	0.0145
March	0.0145	0.0143	0.0144
April	0.0146	0.0142	0.0144
May	0.0147	0.0143	0.0146
June	0.0147	0.0140	0.0145
July	0.0146	0.0144	0.0145
August	0.0145	0.0143	0.0144
September	0.0145	0.0142	0.0144
October	0.0143	0.0141	0.0142
November	0.0142	0.0138	0.0140
December	0.0140	0.0138	0.0139