2021 GNF to CVE Historical Review

YEARLY HIGH

0.0106 CVE

YEARLY LOW

0.0088 CVE

YEARLY AVERAGE

0.0095 CVE

2021 GNF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0106. Conversely, the yearly low was recorded on January 9, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0018 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0089 to the December average rate of 0.0104, the exchange rate registered a net change of 16.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0106 was down 61.05% compared to the 2020 peak of 0.0271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53 CVE

2020 Average 51 CVE

Yearly Trough Low 44 CVE

Transaction Impact: A difference of 8.86 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0106

0.0088

JanuMarcMayJulySeptNove

GNF 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 0.0092, compared to 0.0099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0092

H2 Avg (Jul–Dec) 0.0099

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0005 CVE (High: 0.0098 / Low: 0.0092). On the other end, October was the most stable month, with a tight range of 0.0001 CVE (High: 0.0099 / Low: 0.0098).

June Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0104) against the same month in 2020 (average: 0.0091), the exchange rate shifted by +0.0013 (+13.86%).

2021 Avg (December) 0.0104

2020 Avg (December) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0091	0.0088	0.0089
February	0.0091	0.0089	0.0090
March	0.0094	0.0091	0.0092
April	0.0094	0.0092	0.0093
May	0.0093	0.0092	0.0092
June	0.0098	0.0092	0.0094
July	0.0096	0.0095	0.0096
August	0.0097	0.0095	0.0096
September	0.0098	0.0095	0.0096
October	0.0099	0.0098	0.0098
November	0.0104	0.0099	0.0102
December	0.0106	0.0103	0.0104