YEARLY HIGH
1.8887 CVE
YEARLY LOW
1.7415 CVE
YEARLY AVERAGE
1.8167 CVE

2021 GMD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.8887. Conversely, the yearly low was recorded on January 4, dropping to 1.7415.

This high-to-low spread represents a total annual volatility of 0.1472 CVE. From a start-to-finish perspective, comparing the January average rate of 1.7609 to the December average rate of 1.8657, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.8887 was down 62.67% compared to the 2020 peak of 5.0600, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 9,444 CVE
2020 Average 9,477 CVE
Yearly Trough Low 8,708 CVE
Transaction Impact: A difference of 735.92 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.8762
1.7504
JanuMarcMayJulySeptNove

GMD to CVE 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 1.7913, compared to 1.8420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0507 points.

H1 Avg (Jan–Jun) 1.7913
H2 Avg (Jul–Dec) 1.8420

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1081 CVE (High: 1.8750 / Low: 1.7669). On the other end, February was the most stable month, with a tight range of 0.0205 CVE (High: 1.7939 / Low: 1.7734).

June Spread (Volatile) ±0.1081
February Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0297 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.8555) against the same month in 2020 (average: 1.8068), the exchange rate shifted by +0.0487 (+2.69%).

2021 Avg (November) 1.8555
2020 Avg (November) 1.8068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7767 1.7415 1.7609
February 1.7939 1.7734 1.7806
March 1.8415 1.7833 1.8147
April 1.8360 1.7852 1.8113
May 1.8035 1.7651 1.7815
June 1.8750 1.7669 1.7989
July 1.8426 1.8217 1.8315
August 1.8518 1.8211 1.8337
September 1.8534 1.7989 1.8257
October 1.8584 1.8212 1.8403
November 1.8887 1.8297 1.8555
December 1.8740 1.8483 1.8657