YEARLY HIGH
12.7811 CVE
YEARLY LOW
11.5592 CVE
YEARLY AVERAGE
12.0956 CVE

2021 GTQ to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 12.7811. Conversely, the yearly low was recorded on January 3, dropping to 11.5592.

This high-to-low spread represents a total annual volatility of 1.2218 CVE. From a start-to-finish perspective, comparing the January average rate of 11.6743 to the December average rate of 12.6787, the exchange rate registered a net change of 8.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.7811 was down 62.05% compared to the 2020 peak of 33.6777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,905 CVE
2020 Average 63,171 CVE
Yearly Trough Low 57,796 CVE
Transaction Impact: A difference of 6,109.10 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.7791
11.5739
JanuMarcMayJulySeptNove

GTQ 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 11.8808, compared to 12.3105 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4297 points.

H1 Avg (Jan–Jun) 11.8808
H2 Avg (Jul–Dec) 12.3105

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.6692 CVE (High: 12.3629 / Low: 11.6937). On the other end, December was the most stable month, with a tight range of 0.0997 CVE (High: 12.7244 / Low: 12.6247).

June Spread (Volatile) ±0.6692
December Spread (Stable) ±0.0997

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 0.1861 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1861

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 12.5241) against the same month in 2020 (average: 12.0063), the exchange rate shifted by +0.5178 (+4.31%).

2021 Avg (November) 12.5241
2020 Avg (November) 12.0063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.7612 11.5592 11.6743
February 11.9059 11.7529 11.8230
March 12.2294 11.9113 12.0628
April 12.2325 11.8460 12.0082
May 11.9709 11.7098 11.8220
June 12.3629 11.6937 11.8943
July 12.1628 12.0237 12.0912
August 12.2347 12.0215 12.1091
September 12.3334 12.0211 12.1333
October 12.3793 12.2324 12.3266
November 12.7811 12.3232 12.5241
December 12.7244 12.6247 12.6787